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

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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It said it considered the guidance of the Visitor Safety Group, including "seeking to preserve peoples' right to choose the activities they wish to engage with and to strike a proportionate balance with the risk management methods we employ".

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The Times found that at least one chief assigned to LAFD’s risk management section knew about the complaints for months, but that the department kept that information hidden despite Palisades fire victims pleading for answers about whether more could have been done to protect their community.

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As FrontPoint’s head trader, Danny Moses found himself caught in the middle, between Eisman and FrontPoint’s risk management people, who didn’t seem to completely understand what they were doing.

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