Risk Mitigation

3 words in this vocabulary list

noun the performance of a lawful act in an illegal or improper manner

  • The court found the company liable for misfeasance in handling the funds.
  • The boss got in trouble for misfeasance at work.
  • I heard he got fired for some shady misfeasance stuff.
  • Her misfeasance in managing the project caused it to fail.

noun Global compliance refers to the practice of ensuring that an organization follows all relevant laws, regulations, and standards in all the countries where it operates.

  • Ensuring global compliance with regulations is a top priority for multinational corporations.
  • Companies need to follow the rules everywhere to stay out of trouble - that's global compliance.
  • You gotta play by the global compliance game if you want to keep the government off your back.
  • Global compliance is like a safety net that keeps businesses from falling into legal trouble around the world.

noun an event that should never occur, especially in a medical setting

  • A never event is a serious medical error that should never happen in a healthcare setting.
  • Dropping a surgical instrument inside a patient is considered a never event.
  • Messing up a simple procedure like giving the wrong medication is a total never event.
  • Forgetting your best friend's birthday is a social never event that you should never let happen.