Risk management – Vocabulary and Phrases
to assess, calculate, estimate risk – to judge or determine the significance, worth, or quality
Its unclear financial status makes it difficult to evaluate the risks of investment in the bank.
to predict, foresee risk – to see future risks
Through the use of this innovative tool, lenders are able to effectively predict the risk associated with originating small business loans and reduce time spent in credit analysis.
to face, encounter risk – to come across, to be in a risky situation
Many areas faced the risk of more flooding with further bad weather predicted overnight.
to manage, eliminate, minimise, reduce, spread risk – to make the risk smaller and/or to get rid of it completely
You can reduce, but not eliminate, the risk of catching or spreading influenza during a pandemic.
low, faint, slight, negligible, remote risk – small
Any sort of physical activity carries a remote risk of injury and even death.
high, huge, significant, substantial, tremendous risk – big
Futures and Options trading involves significant risk of loss.
to deal with risk – to try to solve a difficult, risky situation
You may need to deal with the risk of losing key people or the threat or direct competition from them if they leave.
to be at risk – to be in danger
If the allegations against the CEO prove to be well-founded, the future of the company is at risk
at your own risk – at your own responsibility
The building is falling apart so you can enter the premises only at your own risk.
pension fund – a financial product which works like an investment fund. Carries some degree of risk.
John's own pension, earned through his work as an IT manager, is being kept invested in a pension fund until the couple need an income.
annuity – the process of turning the lump sum from a pension scheme into a yearly income for retirement
While 60 percent of recent retirees received annuities, an increasing percentage directly rolled over lump sum benefits into an individual retirement account
pension scheme – any financial product designed to mature at retirement age. They may be linked to markets, bond yields or high interest rate earning products
The Pension Scheme allows for most members to retire at age 60 if they wish and to receive all of their pension benefits without penalty.
investment fund – a limited company that holds and deals in shares of other companies, to provide a low-risk income for its shareholders
Many people are attracted to investment funds by the higher interest rate they offer over the traditional deposit accounts.
investment horizon – to recommended amount of time that people should hold onto their part of the investment fund
Short Horizon Fund: is designed for investors with an investment horizon of approximately 5 years.
to drop out of the fund – to leave, to quit
There may be a penalty if you drop out of the fund before maturity.
to pick out the best fund – to choose
The fund manager tries to pick out the best performing stock.
hedging, to hedge – an investment that is taken out specifically to reduce or cancel out the risk in another investment
Equity funds use hedging to protect investors against currency swings.
derivatives – derivatives are financial instruments whose price and value derive from the value of assets underlying them
A speculator uses a derivative product hoping to make a profit on market movements.
natural calamities – a great misfortune or disaster
Bangladesh is frequently afflicted by natural calamities such as cyclones, heavy rainfall causing floods, and drought.
flood – a great flowing or overflowing of water,
Last year's floods in Asia claimed more than 4000 lives.
drought – a period of dry weather, esp. a long one that is injurious to crops.
Ironically, Gaza, the province most affected by last year's floods, is facing a drought after three months without rain.
earthquake – is the result from the sudden release of stored energy in the Earth's crust that creates seismic waves.
A violent and long earthquake destroyed several parts of the cathedral.
cut out the risk – to eliminate, remove the risk
This way they cut out the risk of having to pay a huge monthly bill for the call cost.
unit/trust/mutual fund – organisations that place small investors' money in a variety of stocks and shares
Americans have increasingly been putting money in mutual funds that invest overseas, where the rate of return is often bigger than in the U.S. markets.
risk aversion, to avert risk – investors who are not willing to risk losing their money; to prevent risk
Nice Treaty averted the risk of a breakdown in the EU enlargement process.
financial risk – the probability that an investment's actual return will be different than expected.
Most gamblers are not able to bear the financial risk of gambling losses.
to slip – to slide suddenly or involuntarily; to lose one's foothold, as on a smooth surface
She slipped on the icy ground.
to trip – to stumble
She tripped over a chair and broke her leg.
to break a wrist – the joint between the forearm and the hand.
I fell down while skating and broke my wrist.
to sprain/dislocate an ankle – to injure an ankle without breaking it
Nick sprained his ankle while he was jogging with his dog.
health hazards – A chance of being injured or harmed; danger, a possible source of danger
Space travel is full of hazards.
to be in jeopardy – risk of or exposure to loss, harm, death, or injury; danger
The spy was in constant jeopardy of being discovered.
to take precautions – An action taken in advance to protect against possible danger, failure, or injury
Even after all precautions have been taken, usually some risk remains.
to prevent injuries – to keep from occurring
Workers who spend most of the day on a computer need to think ergonomically in order to prevent injuries or eye strain.
to put the leg in plaster – a solid or semisolid preparation spread upon cloth, plastic, or other material and applied to the body, esp. for some healing purpose
I had an operation and my broken leg was set in plaster.
to put a bandage on – a strip of cloth or other material used to bind up a wound, sore, sprain, etc.
The doctor sewed the cut, cleaned it and then put a bandage on.
band-aid – an adhesive bandage with a gauze pad in the centre, employed to protect minor wounds.
The band aid is enough for a little cut, but it isn't enough for big wounds.
to have a bed rest – a prolonged rest in bed, as in the treatment of an illness
If your doctor has ordered bed rest for you, make sure you understand why and know how much activity you're allowed.
to be on the sick leave – Paid absence from work allowed an employee because of sickness
He was on a sick leave and instead of the salary he was receiving some money from public health insurance onto his bank account.
contagious – capable of being transmitted by bodily contact with an infected person or object
Her energy and enthusiasm are very contagious and after each one hour meeting my boost in confidence seems to carry me for days.
first-aid box – contains the approved first aid materials, such as bandages, sticking plasters, scissors, suitable for any minor injuries
In Germany you have to have a fully sealed first aid box in your car by law.
to be absent from work – not in a certain place at a given time; away, missing
She was absent from work for two weeks due to the illness of her mother.