Risk financing refers to achievement of the least-cost coverage of an organization's loss...
risk retention
Risk retention is the planned acceptance of losses by deductibles, deliberate noninsurance, and loss-sensitive plans where some, but not all, risk is consciously retained rather than transferred.
Synonyms
Risk Assumption
Related Terms
Risk management techniques are the methods for treating risks.
Self-insurance refers to a system whereby a firm sets aside an amount of its monies to provide for...
