Risk — peril (6)
I believe the answer is:
danger
<span class="explanation-format__ClueExplanation">I believe this clue is a double definition.<br/ ><br/ >'<span class="explanation-format__original">risk</span>' is the first definition.<br/ ><span class="explanation-format__explanation">(I know that risk can be written as danger)</span><br/ ><br/ >'<span class="explanation-format__original">peril</span>' is the second definition.<br/ ><span class="explanation-format__explanation">(I know that peril can be written as danger)</span><br/ ><br/ ></span>
(Other definitions for danger that I've seen before include "Red flag, for example" , "Peril in garde" , "'Peril, risk (6)'" , "Peril, jeopardy" , "Undesirable possibility" .)