The tools and procedures that a firm has in place to manage the risks it faces in operating. The Accord attempts to ensure that these systems are appropriately designed to deal with the risks faced by the institution or group.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.