lens-Computer Definition. The glass or plastic elements that focus light onto analog film or a digital sensor in a still or video camera. Lens quality is just as important in digital cameras as it was in the Daguerreotype cameras in the 1800s.ens-Computer Definition. The glass or plastic elements that focus light onto analog film or a digital sensor in a still or video camera. Lens quality is just as important in digital cameras as it was in the Daguerreotype cameras in the 1800s.
Together these 5 risk management process steps combine to deliver a simple and effective risk management process. 1  Step 1: Identify the Risk. 2  Step 2: Analyze the risk. 3  Step 3: Evaluate or Rank the Risk. 4  Step 4: Treat the Risk. 5  Step 5: Monitor and Review the risk.
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.