risk management

noun

the technique or profession of assessing, minimizing, and preventing accidental loss to a business, as through the use of insurance, safety measures, etc.

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Origin:
1960–65

Related forms

risk manager, noun

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Risk management is always a great word to know.

So is doohickey. Does it mean:

an extraordinary or unusual thing, person, or event; an exceptional example or instance.

a gadget; dingus; thingumbob.

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