BREAKING DOWN 'Risk Management'. Simply put, risk management is a two-step process-determining what risks exist in an investment and then handling those risks in a way best-suited to your investment objectives.Risk management occurs everywhere in the financial world.EFINITION of 'Risk Management'. The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making.
Turkey vultures have an extraordinary sense of smell. They have been known to be able to smell carrion from over a mile away which is very unique in the bird world. The turkey vulture has the largest olfactory (smelling) system of all birds.
noun. 1 The faculty or power of perceiving odours or scents by means of the organs in the nose: a highly developed sense of smell dogs locate the bait by smell. More example sentences. 1  It's hard to breathe, your nose drips constantly and your sense of smell just isn't what it used to be..3 An act of inhaling in order to ascertain an odour or scent: have a smell of this. More example sentences. 1  He had a smell of the rose, it had a lovely perfume.