Gross National Income and Risk mitigation: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Remove surplus links.)
 
imported>Doug Williamson
(Added First line of defence to See also)
 
Line 1: Line 1:
''Economics''.
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.)


(GNI).
For example, requiring collateral from borrowers in order to mitigate credit risk.


Gross National Income (GNI) = Gross Domestic Product (GDP) + net receipts from abroad of wages and salaries and of property income + net taxes and subsidies receivable from abroad


== See also ==
* [[Collateral]]
* [[Credit risk]]
* [[First line of defence]]


== See also ==
[[Category:Financial_risk_management]]
* [[Black economy]]
[[Category:Risk_frameworks]]
* [[Double dip]]
* [[Gross domestic product]]
* [[Gross national product]]

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