Definitions for "Risk Avoidance"
Avoidance of an act that would create a risk.
planning activities to avoid risks that have been identified.
the ongoing risk management task involving steps to take that help ensure that risks will not occur. Contrast with risk mitigation.
choosing actions that would make a risky situation less likely
An informed decision not to become involved in a risk situation.
A decision not to become involved in, or to withdraw from, a risk situation... AS/NZS 4360 Risk Management...