Moral Hazard

nounverified·updated May 18, 2026

(economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)

Framework senses

1 sense across 1 framework

Wordset Dictionary1 senseview framework →

§1: (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)