Defenition of the word moral hazard

• Defenition of the word moral hazard

  • the loss to an insurance company resulting from possible lack of prudence or honesty on the part of policyholders
  • (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)

Hypernyms for the word moral hazard

• • endangerment
  • financial loss
  • hazard
  • jeopardy
  • peril
  • risk

See other words

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