Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “risk management”

risk management

noun [U]
 
 
MANAGEMENT, INSURANCE the activity of calculating and reducing risk, so that an organization does not fail or lose money: Companies often overlook fraud in their risk management. →  Compare risk assessment
FINANCE the activity of calculating and reducing risk in a set of investments, so that investors do not lose money: We don't have the right kind of risk management expertise to manage these types of investments.
(Definition of risk management from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of risk management?
Add Cambridge dictionaries to your browser to your website

Word of the Day

comma

the symbol , used in writing to separate parts of a sentence showing a slight pause, or to separate the single things in a list

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More