Risk mitigation: Difference between revisions
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''Risk management.'' | |||
The use of techniques to reduce the likelihood or the potential size of adverse effects on the organisation. | The use of techniques to reduce the likelihood or the potential size of adverse effects on the organisation. | ||
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* [[Credit risk]] | * [[Credit risk]] | ||
* [[First line of defence]] | * [[First line of defence]] | ||
* [[Risk management]] | |||
* [[Risk mitigant]] | * [[Risk mitigant]] | ||
* [[Supply chain finance]] | * [[Supply chain finance]] | ||
Revision as of 13:51, 1 December 2021
Risk management.
The use of techniques to reduce the likelihood or the potential size of adverse effects on the organisation.
(But without avoiding or transferring the risk entirely.)
For example, requiring collateral from borrowers in order to mitigate credit risk.
