Dave's ESL Cafe's Student Discussion Forums

[student teacher]

Hi, teachers

What does "risk mandate" mean in the below sentence?

"XYZ would continue to have a lower-risk mandate to invest in instruments such as U.S. and European government bonds."


Olease help me.

Thank you,
Sincerely

[Yinglish]

In this case, a "risk mandate" is a set of guidelines (rules, directives) set up by the management to reduce the risks of losing money.

[student teacher]

Dear Yinglish,

Thank you for your reply.
I'm so glad to get any answer.

A guideline...I can clearly see the meaning.
It is of great help for me.
Thanks a lot.


Sincerely.