moral hazard (n)

n14542579

type n
lex_filenum 26
def (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)
examples insurance companies are exposed to a moral hazard if the insured party is not honest
Outgoing links
Hypernym hazard, jeopardy, peril, risk, endangerment
Domain of synset - TOPIC economics, economic science, political economy
Incoming links
Member of this domain - TOPIC economics, economic science, political economy
Hyponym hazard, jeopardy, peril, risk, endangerment

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