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

The central bank trimmed rates twice since September as a “risk management” move to prevent a sharper rise in unemployment.

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A shareholder of DBS’s scale and operational expertise could enhance Alliance’s competitiveness in franchise depth, product innovation, digital transformation and risk management, she adds.

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At least one battalion chief assigned to the LAFD’s risk management section has known for months that crews had complained about hot spots after the Lachman fire.

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At least one battalion chief assigned to LAFD’s risk management section knew about the complaints for months, The Times found.

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The local authority had in fact been consulting on an updated Local Flood Risk Management strategy over the summer.

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