moral hazard

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Wikipedia has an article on:

Wikipedia

Noun[edit]

moral hazard (usually uncountable, plural moral hazards)

  1. (economics, insurance) The prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk.

See also[edit]

Translations[edit]