Definition for moral hazard - Oxford Dictionaries Online (World English)

Subscriber login

Close menu

	Email Cite
	moral hazard (moral haz¦ard) noun [mass noun] Economics lack of incentive to guard against risk where one is protected from its consequences, e.g. by insurance.		More words in this category balance boom 2 depressed hard landing illiquid inflationary living wage managed currency marketspace PPP profit-taking profitable pump-priming purchasing power secular undersubscribed war pension write-down yield Nearby Words moquette MOR mor Moradabad moraine moral moral certainty moral compass moral fibre moral hazard moral law moral majority moral panic moral philosophy moral pressure Moral Rearmament moral rights moral science moral sense