Business, Legal & Accounting Glossary
A risk management technique that seeks to eliminate any possibility of risk through hazard prevention, or the discontinuation of activities determined to entail any level of risk. Often used in extreme situations where the risk exposure creates an extraordinary liability potential.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Risk Avoidance are sourced/syndicated and enhanced from:
This glossary post was last updated: 16th November, 2021 | 0 Views.