Risk Management Strategies

noun a word that represents a person, place, thing, or idea

verb a word that expresses an action or a state of being

preposition a word that shows the relationship between a noun or pronoun and other words in a sentence

• I always make sure to have the necessary documents in hand before attending the meeting.
• Don't worry, I have the tickets in hand for the concert tonight.
• I've got the cash in hand to buy those sneakers I've been eyeing.
• She always has a plan in hand for any unexpected situation.

noun a fence or boundary formed by closely growing bushes or shrubs

verb to limit or qualify something by conditions or stipulations

• The company used a hedge to protect against currency fluctuations.
• I saw a cute little hedge in front of their house.
• Let's go chill by the hedge in the park.
• She always puts up an emotional hedge to protect herself from getting hurt.

noun the act of protecting oneself against financial loss or uncertainty

verb to protect oneself against financial loss or uncertainty

• The company used hedging strategies to protect against fluctuations in currency exchange rates.
• I heard that Joe is hedging his bets by investing in both stocks and bonds.
• I'm hedging my chances by applying to multiple colleges.
• She always has a way of hedging her words to avoid confrontation.

noun a blend of the words 'coronavirus' and 'economics', referring to the economic impact of the coronavirus pandemic

• The government is implementing new policies to address the economic impact of the pandemic, also known as coronomics.
• Have you heard about coronomics? It's all about how the economy is being affected by the coronavirus.
• Coronomics is really messing up our plans for the year.
• Navigating coronomics feels like trying to steer a ship through a stormy sea.

noun a fraudulent scheme in which a person writes a cheque from one bank account with insufficient funds, deposits it into another account, then withdraws the funds before the cheque clears

• Cheque kiting is a form of fraud where a person writes a cheque from one bank account with insufficient funds, then deposits it into another account and withdraws the money before the cheque clears.
• I heard that some people try to get away with cheque kiting by moving money between accounts before the cheques bounce.
• Don't even think about cheque kiting, you'll get caught and end up in serious trouble.
• His financial schemes were like a game of cheque kiting, always trying to stay one step ahead of the consequences.

noun CDO is an acronym that can stand for different things depending on the context.

• The Chief Data Officer (CDO) is responsible for overseeing the organization's data management strategy.
• I heard that the CDO is the one in charge of handling all the data stuff.
• The CDO is like the data guru of the company, making sure everything is in order.
• Being the CDO of the team, she was the one who kept everyone organized and on track.

noun A rapid and extreme decline in the value of a market

• The flash crash in the stock market caused widespread panic among investors.
• Did you hear about the flash crash yesterday? It was crazy!
• That flash crash really messed up my portfolio.
• Her sudden outburst was like a flash crash in the middle of a peaceful conversation.