Meaning Of The Word Moral hazard

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Moral hazard Meaning

Moral hazard Definition
Moral hazard Definition

What's The Definition Of Moral hazard?

moral hazard in American English
risk (to an insurance company) arising from the possible dishonesty or imprudence of the insured
noun: an insurance company's risk as to the insured's trustworthiness and honesty

moral hazard in British English
noun: a risk incurred by an insurance company with respect to the possible lack of honesty or prudence among policyholders

moral hazard in Insurance
noun: A moral hazard is a risk that an insurance company has that policyholders may not be honest.

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