CAPITALIZATION ON CHANCE

n. a process of risk-taking in business or personal affairs wherein the causality of an event is inferred from and based on the factor of chance alone. For instance, one capitalizes on chance by selecting an extreme case at random from among many other cases which are available.

CAPITALIZATION ON CHANCE: "Capitalization on chance translates into a venture into the lesser-known and the more unpredictable aspects of life."
Cite this page: N., Pam M.S., "CAPITALIZATION ON CHANCE," in PsychologyDictionary.org, April 7, 2013, https://psychologydictionary.org/capitalization-on-chance/ (accessed October 19, 2019).
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