Business Terms

Financial Risk Management Definition: Financial risk management refers to the process of financially viable value in any organization. Financial instruments are put in use to assist the management team to manage disclosure to risk, principally credit risk and market risk. Other risks include equity risks, supplier risks, customer risks, partner risks, financing risks, liquidity risks […]

An Overview – Risk Management Process Definition: Out of many overview and introduction definitions, one of the well accepted descriptions of risk management is the efficient approach to locating the optimal course of action under ambiguity by identifying, recognizing, assessing, considering, acting on and communicating concerns related to risk. An effective and efficient risk management