Lexicarta

moral hazard

noun

Key Types & categories Parts & wholes Related & opposite
Word type
noun
verb
adjective
adverb
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core relation
instance, member or derived
substance, domain or see-also
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Senses

Sense 1 noun

(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

Types & categories

Related & opposite

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SenseRelationGroupWord
1 domain topic Related & opposite economics
1 hypernym Types & categories risk