risk management

American  

noun

1. the technique or profession of assessing, minimizing, and preventing accidental loss to a business, as through the use of insurance, safety measures, etc.

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Other Word Forms

Derived Forms

• risk manager
  noun

Etymology

Origin of risk management

First recorded in 1960–65

Example Sentences

In a conversation with Andrew Cozart, the hospital’s director of risk management, and Thomas Olmstead, its general counsel, Olmstead told her, “We cannot rule out the possibility of an overzealous prosecutor,” she recalled.

From Salon • May 27, 2026

Second, the Fed’s deeply embedded policy framework is built around risk management, rather than any single inflation measure or economic school of thought.

From MarketWatch • May 22, 2026

“Waiting for a definitive inflection point before acting is not a viable risk management posture,” he said.

From Barron's • May 22, 2026

A vessel reportedly operating as a "floating armoury" in the Gulf of Oman has been seized by Iranian military personnel, according to the maritime risk management company Vanguard.

From BBC • May 14, 2026

Howie Hubler’s proprietary trading group was of course required to supply information about its trades to both upper management and risk management, but the information the traders supplied disguised the nature of their risk.

From "The Big Short" by Michael Lewis