See Also: Moral hazard(finance)
Moral hazard(money)
Tight money or dear money(finance)
hazard(1)(dictionary)
Hazard(medicine)
hazard(2)(dictionary)
Hazard(money)
Aviation Hazard(law)
Occupational Hazard(money)
Hazard - Golf(gambling)

Moral hazard (money)


Definition: [crh] The risk that the existence of a contract will change the behavior of one or both parties to the contract, e.g. an insured Definition: ">firm will take fewer fire precautions.