Risk management is the application of principles to manage the risks in a business that come with the ownership, involvement, operation, influence, adoption and use of IT in an organization. Related Terms Risk Assessment
A cybersecurity risk assessment identifies the various information assets that could be affected by a cyber attack(such as hardware, systems, laptops, customer data, and intellectual property), and then identifies the various risks that could affect ...
Credit risk is an internal calculation performed by banks and lending institutions before a borrower is granted credit. Credit risk is calculated for all types of loans, including individual loans, enterprise loans, and even national debt. It is ...
Also known as prime interest rate or prime lending rate. The lowest annual rate of interest that a Canadian commercial bank makes available to its best and most creditworthy customers. A bank may, however, charge an interest rate that is below its ...
Canada Revenue Agency (CRA)
The Canada Revenue Agency (CRA) is the federal agency that manages and administers tax matters on behalf of the federal government including income tax, Goods & Services Tax (GST), Harmonized Sales Tax (HST), and customs duties. The CRA also manages ...