moral hazard

(Pronunciation -تلفظ سنیۓ ) US:

Slow

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Noun: moral hazard

1. 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";

Generic Words:

endangerment, hazard, jeopardy, peril, risk

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