Business Pitch Dictionary by pitch.dog
Enterprise risk & controls · Core

Risk transfer

Also called: transfer risk

ELI5

Shifting specified financial consequences to another party, often through insurance or contract.

Used in conversation

“The board will ask what happens if risk transfer moves outside tolerance.”

Pitch context

You will see “Risk transfer” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.