Meaning retention of risk
What does retention of risk mean? Here you find 2 meanings of the word retention of risk. You can also add a definition of retention of risk yourself
1 |
0
0
retention of riskDefinition One of the major risk management techniques. This is done by assuming responsibility for the total amount of the risk instead of insuring against it.
|
2 |
0
0
retention of riskAssuming all or part of a risk instead of purchasing insurance or otherwise transferring the risk. See also Risk Management.
|
| << retender | retention tax >> |