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definitions

Updated: 14 Aug 2017

Risk-Averse

[risk] [uh-vurs]

A low level or approach in the amount of risk that a negotiator is prepared to accept in a negotiation. A negotiator who decides to accept the “sure thing” where a result is certain to be achieved is said to be “risk-averse”, and is not willing to gamble further on a potential negotiated result.

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