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Meaning of “risk management” in the English Dictionary

"risk management" in Business English

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risk managementnoun [U]

uk   us  
MANAGEMENT, INSURANCE the ​activity of ​calculating and ​reducingrisk, so that an ​organization does not ​fail or ​losemoney: Companies often overlook ​fraud in their ​riskmanagement.
FINANCE the ​activity of ​calculating and ​reducingrisk in a set of ​investments, so that ​investors do not ​losemoney: We don't have the ​rightkind of riskmanagementexpertise to ​manage these ​types of ​investments.
(Definition of risk management from the Cambridge Business English Dictionary © Cambridge University Press)
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“risk management” in Business English

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