moral hazard

Also found in: Financial, Wikipedia

0.01 sec.

moral hazard

A risk to an insurance company resulting from uncertainty about the honesty of the insured.

moral hazard

(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

Noun

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"

How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit 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	?
economic science economics endangerment hazard jeopardy peril political economy risk			According to the Health Affairs study, "by insulating people from the costs of obesity-related medical care expenditures, insurance coverage creates moral hazard in behaviors related to body weight. Weighty arguments: insuring our waistlines by Suderman, Peter / Reason Mr King said the "massive support" to the global banking sector was "necessary to avert economic disaster" but warned it had created "possibly the biggest moral hazard in history". Governor hits out at banks by Independent Television News Limited (ITN) He said the the massive support to the global banking sector was necessary to avert economic disaster worldwide but warned it had created possibly the biggest moral hazard in histor y. King goes on warpath over banks by Birmingham Mail (England)			moppet mopping mopping up mopping-up mopping-up operations Mopsey Mopsical Mopstick mopus mopy Moquelumnan moquette MOR Mor. mora Moraceae moraceous Moradabad moraine Morainic moral Moral agent moral certainty moral excellence moral force moral hazard Moral insanity Moral liberty moral majority moral obligation moral philosophy Moral play moral principle Moral Rearmament moral sense moral support moral theology moral turpitude moral victory morale morale booster morale builder morale building morale-booster Moraler moralisation moralise moralism moralist moralistic morality			Moral Code of the Builder of Communism Moral Code of the Communism Builder Moral codes Moral codes Moral codes Moral codes Moral codes Moral compass Moral compass Moral compass Moral compass Moral compass moral compulsion moral conduct moral consciousness Moral decline Moral decline Moral decline moral degeneracy Moral dilemma Moral education Moral education Moral education Moral Equivalent Of War Moral evidence moral excellence moral excellence moral faculty Moral fictionalism moral force moral hazard Moral hazards Moral hazards moral idiocy Moral insanity Moral insanity Moral insanity Moral insanity Moral insanity moral insensibility Moral Issues Sliced Thick Moral Judgement Test moral judgment Moral Law Moral Law Moral Law Moral Law Moral Law Moral Law moral laws moral laws moral laws moral laws moral laws moral laws Moral liability Moral liability Moral liability Moral liability Moral liability Moral liability

Dictionary, Thesaurus, and Translations

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup \| Partner with us

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.