000 01092nam a2200169 4500
005 20251117121843.0
008 251117b |||||||| |||| 00| 0 eng d
020 _a9781647254551
037 _cTextual
040 _aRTL
_cRTL
084 _qRTL
245 _aFinancial risk management
300 _avii, 233 p.
_bIncludes bibliographical reference and index
520 _aFinancial risk refers to the possibility of losing money in an investment or in a business venture. This risk can come in a variety of forms including operational risk, credit risk and liquidity risk. Both individuals and organizations can experience these kinds of risks. The practice of assessing and managing potential and current financial risks in order to reduce an organization's exposure to risk is known as financial risk management. It entails recognizing the risk, quantifying it, assessing all viable solutions, formulating a plan and then implementing the steps and financial tools required to mitigate its potential consequences.
700 _aHurley, Brian
_eEditor
_9851610
942 _2CC
_n0
_cTEXL
999 _c1465426
_d1465426