English Lexicon

Risk Mitigation

/rɪsk ˌmɪtɪˈɡeɪʃən/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events.

    "Effective risk mitigation strategies can significantly reduce the likelihood of project failure."
  2. 2

    Actions taken to reduce the adverse effects of potential risks.

    "The company implemented several risk mitigation measures to protect its assets."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'risk' originates from the Italian word 'risico', which means danger or peril, and was adopted into English in the late 16th century. 'Mitigation' comes from the Latin 'mitigare', meaning to soften or alleviate, and has been used in English since the early 15th century to refer to the act of making something less severe.

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