Meaning of the word "risk management" in English
What does "risk management" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
risk management
US /ˈrɪsk ˌmæn.ədʒ.mənt/
UK /ˈrɪsk ˌmæn.ədʒ.mənt/
Noun
1.
the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact
Example:
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Effective risk management is crucial for business success.
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The company implemented new risk management strategies.
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