risk reduction



Alternative term for risk mitigation.

Use risk reduction in a sentence

  • The risk reduction strategy included buying staples such as toilet paper, and lending money in the form of corporate bonds.

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  • After substantial losses due to flooding, the company took steps to evaluate the disaster and consider if their were ways to prevent this type of financial loss in the future by putting into place a specific risk reduction strategy, before considering reopening the division in the troubled area.

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  • Joseph and his team setup a meeting to discuss possible risk reductions in order to minimize the threat of profit and time loss with their project.

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