noun
- Economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance. ()
- usage: "insurance companies are exposed to a moral hazard if the insured party is not honest"
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). moral hazard. Retrieved September 20, 2026, from http://smartdefine.org/moral_hazard/definitions/1247263 |
| Chicago | WordNet. 2010. "moral hazard" http://smartdefine.org/moral_hazard/definitions/1247263 (accessed September 20, 2026). |
| Harvard | WordNet 2010, moral hazard, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/moral_hazard/definitions/1247263>. |
| MLA | WordNet. "moral hazard" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/moral_hazard/definitions/1247263> |