Definition of risk management in English:

risk management

Line breaks: risk man¦age|ment

noun

[mass noun]
  • (In business) the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.
    More 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.

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Word of the day mage
Pronunciation: māj
noun
a magician or learned person