Business Risk Management Terms

verb to make less severe, serious, or painful

• The company implemented several strategies to mitigate the risks associated with the project.
• We need to find a way to mitigate the damage caused by the storm.
• Let's figure out how to lessen the impact, we need to mitigate this situation.
• She tried to mitigate the tension in the room by changing the subject.

verb to communicate an intention to inflict harm or loss on someone or something

adjective feeling at risk or in danger

• The company threatened legal action against the competitor for patent infringement.
• He threatened to tell the teacher about our prank if we didn't give him his lunch money.
• The bully threatened to beat him up if he didn't hand over his lunch money.
• The dark clouds threatened rain as we hurried to finish our picnic.