mitigation

  

Definition

The elimination or reduction of the frequency, magnitude, or severity of exposure to risks, or minimization of the potential impact of a threat or warning.

Use mitigation in a sentence

  • The criminal had heard the court employed some sort of mitigation process which might reduce his long list of charges or lower his exorbitant fine.

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  • Following the earthquake, warnings of a tsunami prompted the authorities to work toward the mitigation of the inevitable destruction and human suffering.

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  • The man put on his seatbelt in his car as a means of mitigation so that if he got in a car accident there would be less risk of injury.

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Notable Quotes

  • Preparing for Bank Loss Mitigation
    "Before contacting bank loss mitigation, borrowers should create a list of income and expenses to determine a viable repayment plan. Lenders oftentimes require mortgage arrears be paid in full before modifying home loans."
    - Unknown



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