risk management

American  

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.

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Other Word Forms

• risk manager noun

Etymology

Origin of risk management

First recorded in 1960–65

Example Sentences

Members “would need to rely on judgement more heavily than usual and take a risk management approach to monetary policy.”

From The Wall Street Journal • Apr. 1, 2026

However, he noted that it’s a special breed that can handle the extremes of the test pilot job — and that it requires some serious risk management across the whole team.

From Los Angeles Times • Mar. 31, 2026

"Finland's strong security of supply is based on decades of consistent preparedness and training," says Ahtoniemi, who is head of risk management at S Group.

From BBC • Mar. 18, 2026

Armilla tests AI models for vulnerabilities before committing to coverage and assesses whether the client's risk management framework adheres to international standards.

From Barron's • Mar. 15, 2026

It is fair to say that our risk management division did not stress those losses as well.

From "The Big Short" by Michael Lewis