the technique or profession of assessing, minimizing, and preventing accidental loss to a business, as through the use of insurance, safety measures, etc.
What does “delicatessen” actually mean? After deli meat recall, learn the name of what caused the risk.On Tuesday, a division of Tyson Foods Inc recalled 380,000 pounds of deli meat, saying that it may be contaminated with Listeria monocytogenes. The meat was used in sandwiches sold at Wal-Mart stores. Luckily, there have been no reported illnesses. Unfortunately, we often hear about salmonella. (Read more about salmonella here.) How does it differ from listeria? Listeria is a hardy bacterium that can cause food …
BSMRead more in this article about some frequently asked questions and fun facts related to our definitions.
- risk aversion,
- risk capital,
- risk factor,
- risk life and limb,
Origin of risk management
First recorded in 1960–65
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for risk management
Chris Page, a Coral Gables risk-management consultant, was bidding on behalf of several clients who preferred to remain anonymous.