Esposizione

Esposizione is an Italian noun with several related meanings, derived from the Latin exponere, meaning to place forth or expose. The term can refer to light reaching a photographic medium, a display or exhibit, an explanatory passage, or a level of financial risk exposure.

In photography and cinematography, esposure (exposure) denotes the amount of light that reaches the film or digital sensor. It is controlled by the combination of shutter speed, aperture, and ISO sensitivity. Proper exposure yields a balanced image; overexposure causes highlights to blow out, while underexposure leads to dark, noisy shadows. Modern cameras use metering systems and exposure compensation to assist users, though artistic choices may intentionally deviate from metered exposure.

In the cultural and commercial spheres, es­posizione means an exhibition or display of objects, often art, artifacts, or products, presented to the public. It encompasses museums, galleries, trade fairs, and other events where items are shown and explained. Terms like “esposizione permanente” and “esposizione temporanea” are used to distinguish ongoing from limited-duration displays.

In literature and rhetoric, espo­sizione refers to the portion of a work that introduces characters, setting, and background information, or to a clear, explanatory passage that conveys facts to the reader. In narrative theory, exposition establishes context for the plot and themes.

In finance and risk management, esposizione denotes the degree to which an individual or institution is exposed to potential loss from market, credit, or liquidity risks. Measuring exposure informs risk assessment, capital allocation, and hedging strategies.