English dictionary



Hint: Asterisk (*) is a wildcard. Asterisk substitutes zero or more characters.

English noun: moral hazard

1. moral hazard (state) (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)


SamplesInsurance companies are exposed to a moral hazard if the insured party is not honest.


Broader (hypernym)endangerment, hazard, jeopardy, peril, risk


Domain categoryeconomic science, economics, political economy









Based on WordNet 3.0 copyright © Princeton University.
Web design: Orcapia v/Per Bang. English edition: .
2025 onlineordbog.dk