an action that may fail but has a good chance to succeed
The company took a calculated risk when they opened a new store in a very quiet area.
More Xmas Carols
I Saw Mommy Kissing Santa Claus
I saw Mommy kissing Santa Claus
Underneath the mistletoe last night.
She didnt see me creep
down the stairs to have a peep;
She thought that I was tucked
up in my bedroom fast asleep.
Then, I saw Mommy tickle Santa Claus
Underneath his beard so snowy white;
Oh, what a laugh it would have been
If Daddy had only seen
Mommy kissing Santa Claus last night.