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

Williams told the New York Times External link he supports additional easing as “risk management,” arguing that labor-market weakness poses the bigger threat.

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AI has already done the heavy lifting in areas like price discovery, pattern recognition and real-time risk management.

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In a world where retirement security depends on making disciplined choices, private credit provides a cleaner balance of income, risk management and simplicity.

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Chatelin pointed out that the proposal has already gone through an FAA aeronautical study and safety risk management panel to determine its impacts on the National Airspace System.

Read more on Los Angeles Times

"These provisions brought into law more specific cyber risk management requirements to be incorporated into the ship safety management system, to address deliberate cyber-attacks, and to prescribe risk management practices into the operation of compliant merchant ships," explains Tom Walters, another shipping specialist at HFW.

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