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Definitions and Synonyms of moral hazard | Another word for moral hazard | What is moral hazard?

Definition 1: (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance) - [noun denoting state]

Samples where moral hazard or its synonyms are used according to this definition

  • insurance companies are exposed to a moral hazard if the insured party is not honest

(moral hazard is a kind of ...) a source of danger; a possibility of incurring loss or misfortune

"drinking alcohol is a health hazard"

(moral hazard belongs to category ...) the branch of social science that deals with the production and distribution and consumption of goods and services and their management

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