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German Word of the Day: Risikomanagement
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German Word of the Day: Risikomanagement
Post Title: German Word of the Day: Risikomanagement
Hello, language learners! Expand your professional vocabulary in German with today’s vocab feature – “Risikomanagement”.
Definition:
Risikomanagement (pronounced: risiko-manage-ment) is a noun in German that stands for Risk Management. It refers to the forecasting and evaluation of financial risks along with the identification of procedures to avoid or minimize their impact.Example Sentence:
“Im Geschäftsleben spielt das Risikomanagement eine äußerst wichtig Rolle, um potenzielle Verluste zu verhindern.”
Translation: “In business, risk management plays an extremely important role in preventing potential losses.”
Keep practicing and stay tuned for more vocabulary features from the CORE Team. Happy language learning!
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