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English Word of the Day: Risk Management
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English Word of the Day: Risk Management
**English Word of the Day: Risk Management**
**Definition**: Risk Management is a strategical approach where probable risks or threats in a business, project, or any endeavor are identified, analyzed, and steps are undertaken to control, prevent, or minimize their impact.
**Part of Speech**: Noun (Phrase)
**Example Sentence**: The company’s effective risk management helped it to avoid potential financial losses and continue its growth.
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