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

beer mat

a small piece of cardboard that you put under a glass to protect a table surface in a pub or bar

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More