This nice article on ROAM explains the acronym to be used to manage a risk:.
|Resolved||The risk can be completely or partially avoided. If partial resolution, there is a residual risk|
|Owned||The risk is not fully resolved/accepted/mitigated. Someone is assigned to work on it.|
|Accepted||We accept to take the (residual) risk.|
|Mitigated||Mitigation is what we will do if the risk happens in order to reduce the impact|