Grc

Pronunciation: /dʒiːɑːrsiː/

Definitions of GRC

noun GRC stands for Governance, Risk, and Compliance. It is a term used in business to refer to the processes and tools used by organizations to manage and mitigate risks, ensure compliance with regulations, and maintain effective governance.

Example Sentences

A1 GRC stands for General Release Candidate.

A2 The GRC report highlighted several areas for improvement in the company's operations.

B1 The government issued a GRC to regulate the new industry standards.

B2 The company's compliance team conducted a thorough review of the GRC policies.

C1 The GRC framework was implemented to ensure transparency and accountability in the organization.

C2 The GRC department plays a crucial role in managing risks and maintaining regulatory compliance.

adjective In some cases, GRC can be used as an adjective to describe something related to governance, risk, or compliance.

Example Sentences

A1 The GRC document contains important information for new employees.

A2 The GRC software helps companies manage their compliance requirements.

B1 The GRC policy outlines the company's approach to risk management.

B2 The GRC framework integrates governance, risk, and compliance processes.

C1 The GRC audit revealed several areas for improvement in the company's processes.

C2 The GRC department is responsible for ensuring regulatory compliance across the organization.

Examples of GRC in a Sentence

formal The GRC is responsible for overseeing compliance within the organization.

informal I heard the GRC team is cracking down on policy violations.

slang The GRC folks are really strict about following the rules.

figurative The GRC acts as a gatekeeper to ensure everything runs smoothly.

Grammatical Forms of GRC

• past tense: GRCed
• plural: GRCs
• comparative: more GRC
• superlative: most GRC
• present tense: GRC
• future tense: will GRC
• perfect tense: have GRCed
• continuous tense: is GRCing
• singular: GRC
• positive degree: GRC
• infinitive: to GRC
• gerund: GRCing
• participle: GRCed

Origin and Evolution of GRC

First Known Use: 2005 year

Language of Origin: English

Story behind the word: The acronym GRC stands for Governance, Risk, and Compliance.

Evolution of the word: The term GRC has become increasingly popular in the business world, especially in the context of corporate governance and regulatory compliance. It is used to refer to the integrated approach to managing an organization's overall governance, risk management, and compliance with regulations and standards. As companies face growing regulatory requirements and risks, the concept of GRC has evolved to encompass a holistic and strategic approach to managing these challenges.