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The term that refers to risks that can be transferred to another party is "transferrable risks." This concept is a fundamental principle within risk management, particularly in the context of governance, risk, and compliance frameworks. When an organization identifies a risk that cannot be effectively managed internally, it often seeks to transfer that risk to an external party, such as through insurance policies, outsourcing certain operations, or contractual agreements.

Transferring risks can help organizations mitigate potential losses or liabilities by shifting the responsibility and potential financial consequences to another entity that may be better equipped to handle those specific risks. This is a strategic approach aimed at reducing the overall risk exposure of the organization.

In contrast, acceptable risks refer to risks that an organization decides are manageable within its overall risk tolerance. Uncontrollable risks are those that cannot be influenced or mitigated by the organization (e.g., natural disasters), and residual risks are those that remain after all mitigation strategies have been applied. Understanding the dynamics of risk transfer is crucial for effective risk management and ensuring that an organization's strategies align with its risk appetite and exposure.