Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,910,553,270 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

moral hazard
(redirected from Hazard, Moral)

   Also found in: Financial, Wikipedia 0.01 sec.
moral hazard
n.
A risk to an insurance company resulting from uncertainty about the honesty of the insured.

moral hazard
n
(Business / Insurance) Insurance a risk incurred by an insurance company with respect to the possible lack of honesty or prudence among policyholders
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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"
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
endangerment, hazard, jeopardy, peril, risk - a source of danger; a possibility of incurring loss or misfortune; "drinking alcohol is a health hazard"


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Dictionary browser?   Full browser?
 
The basic argument is very simple: A monetary policy that stabilizes the price level and the real economy cannot create moral hazard because there is no hazard, moral or otherwise.
 
 
 
Dictionary, Thesaurus, and Translations
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.