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definition Moral hazard

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1. moral hazard (Noun)

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moral hazard (Noun) —   (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance) 1 example
1. ex. "insurance companies are exposed to a moral hazard if the insured party is not honest"
5 types of
# Word Number of letters Number of synonyms
1. endangerment 12 letters 4 synonyms
2. hazard 6 letters 81 synonym
3. jeopardy 8 letters 21 synonym
4. peril 5 letters 28 synonyms
5. risk 4 letters 54 synonyms
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