Risk transfer

Risk transfer,

Definition of Risk transfer:

  1. Risk shifting through non-insurance means, such as a warranty. See also transfer of risk rule.

  2. Risk management strategy in which an insurable risk is shifted to another party (the insurer) by means of an insurance policy.

How to use Risk transfer in a sentence?

  1. You should always understand how a risk transfer might effect you and do your best to be prepared for it.
  2. We decided to go with a risk transfer because we could not handle it in our own party and thought the other one could work with it better.
  3. The risk transfer was finally allowed and the company was ecstatic that they were no longer burdened with the responsibility.

Meaning of Risk transfer & Risk transfer Definition

Risk Transfer,

What Does Risk Transfer Mean?

  • Risk Transfer means, Risk transfer occurs when one party pays the other party when the other party takes the risk.

    Insurance activity is based on risk transfer: When a policy is contracted, the insurer transfers the risk to the insurer.

Literal Meanings of Risk Transfer

Risk:

Meanings of Risk:
  1. To expose someone who has been harmed, harmed or damaged.

Synonyms of Risk

possibility, chance, probability, likelihood, danger, peril, threat, menace, fear, prospect, endanger, put at risk, put in danger, expose to danger, put on the line, take a chance with, imperil, jeopardize, put in jeopardy, hazard, gamble, gamble with, bet, wager, venture

Transfer:

Meanings of Transfer:
  1. Move from place to place.

  2. Switch to another location, route or mode of transport while traveling.

  3. Transfer of property (property, rights or obligations) to another person.

  4. Replace (word or phrase meaning) with an extension or metaphor.

  5. The act of moving something else.

  6. A small colored drawing or image on paper that can be moved to another level by pressing or heating.

  7. The act of crossing another place, route or means of transportation while traveling.

Sentences of Transfer
  1. I fell asleep on the sofa before going to my room that night.

  2. John advised him to go to the train station from Rome airport.

  3. We will transfer the entire responsibility of planning to the local authorities.

  4. Between Latin and English, which means to move from one place to another

  5. Transfer of wealth to the poorest countries

  6. Iron transfer shirt

Synonyms of Transfer

move, convey, shift, remove, take, carry, fetch, lift, bring, bear, conduct, send, pass on, transport, relay, change, relocate, resettle, transplant, uproot, hand over, make over, turn over, sign over, transmit, consign