PERIL
Peril is the matter that causes loss. So peril is the sweat of a loss. For example, if your majority is stolen, as well as then nosotros tell that the peril or sweat of the loss of the majority is theft. The peril hither is the theft. If a severe draught brings almost agricultural failure, as well as then nosotros tin tell that the peril or sweat of scarcity of nutrient is the draught. The peril hither is the draught. If your solid is destroyed past times fire, as well as then nosotros tell that the sweat of the loss of the solid is fire. If you lot automobile is destroyed inward an accident, as well as then nosotros tell that the sweat of the loss of the automobile is accident.
HAZARD
Hazard is the status that created or increases the risk of loss arising from a given peril. For example, storing crude oil inward the kitchen is a hazard, which increases the risk of loss from the peril of premature death.
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