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.
The Old World vultures are close relatives of the hawks and eagles. They have strong talons and beaks and they have a poor sense of smell. The New World vultures are not close relatives of the hawks, but may well be distant relatives of the storks since they share the habit of urinating on their legs to stay cool.