| 单词 | risk transfer |
| 释义 | risk transferDefinitions 1. Risk management strategy in which an insurable risk is shifted to another party (the insurer) by means of an insurance policy. 2. Risk shifting through non-insurance means, such as a warranty. See also transfer of risk rule. Use 'risk transfer' in a SentenceThe risk transfer was finally allowed and the company was ecstatic that they were no longer burdened with the responsibility. We decided to go with a risk transfer because we could not handle it in our own party and thought the other one could work with it better. You should always understand how a risk transfer might effect you and do your best to be prepared for it. |
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