Grey market and Risk mitigation: Difference between pages

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imported>Doug Williamson
(Link with OEM page.)
 
imported>Doug Williamson
(Added First line of defence to See also)
 
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Trade in a commodity which is bought and sold outside of the original manufacturer's officially authorized and intended trading channels.  
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.)


Not to be confused with the 'grey economy'.
For example, requiring collateral from borrowers in order to mitigate credit risk.




==See also==
== See also ==
* [[Recommerce]]
* [[Collateral]]
* [[Black market]]
* [[Credit risk]]
* [[OEM]]
* [[First line of defence]]
 
[[Category:Financial_risk_management]]
[[Category:Risk_frameworks]]

Revision as of 09:42, 5 August 2015

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.


See also