risk management

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.

Other Word Forms

• risk manager noun

Word History and Origins

Origin of risk management¹

First recorded in 1960–65

Example Sentences

Olivia S. Mitchell is a professor of insurance/risk management and business economics/policy at the Wharton School of the University of Pennsylvania, where she also directs the Pension Research Council.

Read more on The Wall Street Journal

"Investors have started to question why there have been a plethora of issues in a short space of time and whether this points to poor risk management and loose lending standards."

Read more on BBC

This, they added, was because their "existing safety and soundness standards require all supervised institutions to have effective risk management."

Read more on Barron's

When asked about that exposure in light of the recent bankruptcies, including one discussed by JPMorgan Chase Chief Executive Jamie Dimon on Tuesday, Brighton made clear that the extended team supporting the venerable Franklin Income Fund was fully involved in risk management for the newer ETF.

Read more on MarketWatch

“We know that conditions can change quickly, and so we remain focused on strong risk management,” Solomon said.

Read more on MarketWatch