Definition of risk management in English:

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risk management

noun

[mass noun]
(In business) the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.
Example sentences
  • Too many shops are currently executing uncertainty management rather than risk management.
  • In the post-Enron environment, there can be no excuse for the lack of effective fraud risk management.
  • The financial institutions themselves have also implemented risk management on their loan portfolios.

For editors and proofreaders

Line breaks: risk man¦age|ment

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