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risk management
noun 
  1. (buzzword) The process of determining the maximum acceptable level of overall risk to and from a proposed activity, then using risk assessment techniques to determine the initial level of risk and, if this is excessive, developing a strategy to ameliorate appropriate individual risks until the overall level of risk is reduced to an acceptable level.
Translations: 
  • German: Risikomanagement
Etymology: This term relates very specifically to the field of study denoted by the term and as such is a usage specific term. The formal definition of risk is used.

     
 
  

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