From Longman Dictionary of Contemporary Englishrisk managementˈrisk ˌmanagement noun [uncountable] 1 PREVENTa system to prevent or reduce dangerous accidents or mistakes2 technical the practice of managing investments in ways that produce as much profit as possible while limiting the danger of losses
Examples from the Corpus
risk management• Several have human resources consultancies, while Eversheds recently set up a risk management consultancy.• A risk management program means all programs to minimize extraordinarily hazardous accident risks.• Computer system users can not control risk management decisions, but suffer big losses when inadequate protection fails to avert catastrophe.• Uncertainty is a feature of many aspects of risk management.• Mr Wilson, 41 years old, had been general manager of risk management.• The objective is to instil an awareness of risk issues and basic methods of risk management.• The cost of exchange rate risk management does not vary significantly with firm size.• He became the risk management director and its labor relations chief.From Longman Business Dictionaryrisk managementˈrisk ˌmanagement1INSURANCE the managing of the risks related to a company’s activities in a way that limits possible financial losses, for example by obtaining the best types of insurance for the risks involvedTalk to our risk management department about your company’s current management of illnesses and accidents.2FINANCE the managing of investments in ways that produce as much profit as possible while limiting the danger of losses → management 