Also means
daring
Usage Note
Arriesgado comes from arriesgar (to risk) and carries both a negative tone (reckless, dangerous — una decisión arriesgada) and an admiring one (bold, daring — un emprendedor arriesgado). Context and collocation determine the shade. The closely synonymous peligroso (dangerous) emphasises the external threat, while arriesgado foregrounds the willingness to accept risk. Synonym: osado (audacious).
Examples
"Escalar esa montaña en invierno es muy arriesgado."
Natural Translation
Climbing that mountain in winter is very risky.

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