Definition of Risk mitigation:
A systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence. Also called risk reduction.
How to use Risk mitigation in a sentence?
- Business executives that practice risk mitigation protect themselves and their companies from unnecessary lawsuits, keeping their business from going bankrupt.
- Our new risk mitigation strategy was working marvelously and it made everyone feel a lot safer when they were working.
- You need to be good at risk mitigation so that you never are putting yourself or your company out to too much exposure.
Meaning of Risk mitigation & Risk mitigation Definition