Shane’s organization has determined that they can accept up to $10,000,000 a year in risk- related loss in support of their strategic plans. What term best describes this?

Shane’s organization has determined their risk appetite. They are willing to accept some risk, but may also choose to mitigate, transfer, or otherwise deal with their risk to match their appetite. Ad hoc describes risk assessment, not risk appetite or thresholds, and there is no way to determine if this is a conservative, neutral, or expansionary risk appetite.