risk management

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risk management

[′risk ‚man·ij·mənt]
(engineering)
The overall systematic approach to analyzing risk and implementing risk controls.

Risk management

The management of an activity, accepting a level of risk which is balanced against the benefit of the activity, usually based on an economic assessment.

risk management

In the building industry, the systemized practice of avoiding potential risks, such as culpability and liability or legal entanglements.

risk management

The optimal allocation of resources to arrive at a cost-effective investment in defensive measures within an organization. Risk management minimizes both risk and costs. See risk assessment and risk mitigation.
References in periodicals archive ?
Fitch utilized conservative RV loss assumptions for these vehicles.
Based on the transaction's solid asset performance, Fitch has revised its lifetime default and lifetime loss assumptions to 0.
22 June 2010 - S&P took yesterday several rating actions on seven Spanish banks due to its forecast for slow economic growth in Spain and higher loan loss assumptions for 2009-2011.
In addition, the negative outlook on most of these BFSRs indicates that there could be downward pressure on these ratings if loss assumptions were to increase significantly above Moody's current expectations or if the banks' risk absorption capacity were to deteriorate beyond Moody's expectations in its base case scenario.
Also, a sovereign downgrade may result in increased loss assumptions used for modelling, the agency added.