Word of the Day – July 11, 2025
independent risk management function
Acronyms
- None
Preferred Term
- None
Non-standard Terms
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Definitions
| Type | Definition | Sources |
|---|---|---|
| Noun | The business unit and activities involved in identifying, controlling, reducing, and eliminating threats to an organization's business operations, assets, and personnel. The independent risk management function is governed separately from other business functions in order to prevent potential conflicts of interest from confounding risk management activities. (used 66 times in citations and controls) |
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Other Forms
| Type | Other Form |
|---|---|
| Plural | independent risk management functions |
| Plural Possessive | independent risk management functions' |
| Possessive | independent risk management function's |
Relationships
Common Controls
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Citations
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