The amount of risk an organization is willing to accept in pursuit of its mission...

 Definition of Risk Tolerance:

Risk tolerance is the level of risk an organization is willing to accept while pursuing its objectives.

 Relationship to Other Risk Concepts:

It informs decisions on whether to mitigate, transfer, or accept risks.

 Supporting Reference:

The CCISO framework explains risk tolerance as a critical element in setting the scope and priorities for risk management strategies.