Definitions of moral hazard

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Definition of 'moral hazard'

Princeton's WordNet

1. (noun) moral hazard
(economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)
"insurance companies are exposed to a moral hazard if the insured party is not honest"

'moral hazard' - Nearby Entries
moral moral excellence moral force moral hazard morale moralisation moralise

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"moral hazard." Definitions.net. STANDS4 LLC, 2012. 15 February. 2012. http://www.definitions.net/definition/moral hazard

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