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 Words From

• risk manager noun

Word History and Origins

Origin of risk management¹

First recorded in 1960–65

Example Sentences

"Expanding the application to more storm events across the world and integrating the model into real-time forecasting systems is also planned to enhance its utility for weather prediction and risk management."

From Science Daily

Ron Williams, a former Secret Service agent who is now CEO of the security and risk management firm Talon Companies, suspects the assassination attempts against Trump added urgency to the agency’s push “to upgrade the technology that can enhance the ability to detect and deter,” Williams said.

From BBC

Caroline Douglass, EA executive director of flood and coastal risk management, said the country had seen an "unusually wet September".

From BBC

Just ask Dr. Charles Nyce, a professor of risk management and insurance at Florida State University's College of Business.

From Salon

Although Citi declined to comment on the LNG facilities in question, the spokesperson claimed that the bank "engages with our clients according to our Environmental and Social Risk Management Policy, which outlines our expectations for clients and requires enhanced due diligence around activities with elevated risks related to human rights and environmental issues."

From Salon