verb to remove or reduce risk or uncertainty
Derisking involves implementing strategies to reduce financial risk in investments or business operations.
Derisking in insurance refers to reducing the likelihood of losses by diversifying risk across multiple policies or reinsurance.
Derisking projects involves identifying and mitigating potential risks to ensure successful completion.
Derisking a business venture involves taking steps to minimize potential risks and increase chances of success.
Derisking the supply chain involves minimizing disruptions and vulnerabilities to ensure smooth operations.
In the field of finance, writers may use the term 'derisk' when discussing strategies to reduce investment risk for their clients.
Psychologists may use the term 'derisk' when working with clients to develop coping mechanisms and reduce the risk of mental health issues.