Mitigate risk

USAGE SUMMARY

The phrase "Mitigate risk" is correct and usable in written English.
It can be used in contexts related to risk management, business, finance, or project planning when discussing strategies to reduce potential negative impacts. Example: "Our primary goal is to mitigate risk by implementing comprehensive safety protocols in the workplace."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

"There's only a way to mitigate risk".

The New York Times

Putting in place some basic guidelines for staff helps to mitigate risk.

The Guardian

We have to mitigate risk and this may mean making difficult and unpopular decisions.

The Guardian

In theory, asset allocation models are meant to mitigate risk through diversification.

The New York Times

So, how can CIOs reasonably manage the collaboration process to mitigate risk to the business?

The Guardian

In other words, it was an old-fashioned case of failing to spot and mitigate risk.

The Guardian - Business

It can involve targeting new markets with existing products to mitigate risk of over-reliance on core customers.

The Guardian

There is a bottom line advantage to adopting best practice to mitigate risk that would hurt profits.

The Guardian

"What you have to do is you have to put in additional precautions to mitigate risk," Mr. LiMandri said.

The New York Times

You can mitigate risk by constantly seeking evidence that you're on the right track, and changing if you're not.

The Guardian

Standardised products would also have to be cleared through central counterparties in an effort to mitigate risk.

The Guardian - Business

Expert writing Tips

Best practice

Combine "Mitigate risk" with specific actions or strategies to showcase a clear plan of action, e.g., "We will mitigate risk by diversifying our investment portfolio".

Common error

Avoid using "Mitigate risk" when the intention is to completely remove the possibility of risk. "Mitigate" implies reducing or lessening the impact, not complete eradication. Use "Eliminate risk" or "Remove risk" if that's your goal.

Linguistic Context

The phrase "Mitigate risk" functions as a verb phrase where 'mitigate' acts as a transitive verb taking 'risk' as its direct object. It describes the action of reducing or lessening the severity of potential harm or negative consequences. Ludwig AI confirms that this is a standard and widely accepted construction.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

33%

Formal & Business

25%

Less common in

Wiki

1%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "Mitigate risk" is a grammatically sound and frequently used phrase that signifies the act of reducing the potential negative impact of risks. As supported by Ludwig AI, its usage spans across various contexts, including news, science, and business. While "Mitigate risk" is a strong choice, alternatives like "reduce risk" or "minimize risk" can offer similar meanings with slightly different nuances. Remember to use "Mitigate risk" when you want to express the idea of lessening the impact of risk, rather than eliminating it completely.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Reduce risk

This alternative uses a simpler verb, making it slightly less formal than "Mitigate risk".

Minimize risk

This alternative emphasizes reducing risk to the smallest possible level.

Lessen risk

A slightly less common but still valid synonym, suggesting a decrease in the level of risk.

Alleviate risk

This suggests easing or relieving the burden of risk.

Control risk

Focuses on managing and keeping risk within acceptable bounds.

Curb risk

This alternative suggests restraining or limiting the potential for risk.

Weaken risk

Indicates reducing the strength or impact of a risk.

Offset risk

This implies balancing risk with counteracting measures.

Guard against risk

This phrase focuses on protection and prevention related to risk.

Take precautions against risk

Emphasizes proactive measures to avoid potential risks.

FAQs

How can I use "Mitigate risk" in a sentence?

You can use "Mitigate risk" to describe actions taken to reduce potential negative impacts. For example: "The company implemented new safety protocols to "mitigate risk" of workplace accidents."

What are some alternatives to saying "Mitigate risk"?

Alternatives to "Mitigate risk" include "reduce risk", "minimize risk", or "lessen risk" depending on the specific context.

Is it better to say "Mitigate risks" or "Mitigate risk"?

"Mitigate risk" is generally used when referring to risk in a general sense, while "Mitigate risks" is used when referring to specific, identifiable risks. Both are grammatically correct, but the singular form is often preferred in broader contexts.

What's the difference between "Mitigate risk" and "Accept risk"?

"Mitigate risk" means taking actions to reduce the potential negative impact of a risk. "Accept risk", on the other hand, means acknowledging a risk and deciding not to take any action to mitigate it, often because the cost of mitigation outweighs the potential benefit.