Definition of risk management in English:

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.

    • ‘Risk management habits have to be second nature.’
    • ‘In the post-Enron environment, there can be no excuse for the lack of effective fraud risk management.’
    • ‘Too many shops are currently executing uncertainty management rather than risk management.’
    • ‘Norwich Union said that " generally this is about risk management.’
    • ‘The statement shows an elementary misunderstanding of the nature of derivatives and their use in financial risk management.’
    • ‘He oversees risk management for some 18,000 employees.’
    • ‘The financial institutions themselves have also implemented risk management on their loan portfolios.’
    • ‘Risk management has to come from the top.’
    • ‘One of the bitter ironies is that many of the finest financial brains lost in the carnage were in the discipline of risk management.’
    • ‘Here we present 13 ways to manage your risk, while below, toymaker James Galt proves just how important risk management can be.’
    • ‘It's very important to remember, that data security is an important part of the risk management of any modern organisation.’
    • ‘It must be tied with operational risk management to ensure that the reward is worth the risk.’
    • ‘Effective risk management must be based on proactive, continuous assessment of all potential risks to a company.’
    • ‘For most businesses and governments, security and risk management are far greater concerns than is pornography.’
    • ‘Using common sense and personal risk management will help make you more visible to the automobiles on the road and protect your body in case of an accident.’
    • ‘They also have a responsibility to educate and train their charges in risk management and safe practice.’
    • ‘Judges were impressed with his new strategic policy for risk management across the council, which has gone beyond the usual scope of the discipline.’
    • ‘Physical and financial hedging around energy commodity purchasing represents the most common approach to risk management.’
    • ‘Several schools focus on additional skills, such as risk management, leadership development, crisis management, or business communication.’
    • ‘This literature's commitment to a scientific/quantitative approach to risk management blinds it to its limitations.’