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词汇 moral hazard
释义

Definition of moral hazard in English:

moral hazard

noun
mass nounEconomics
  • Lack of incentive to guard against risk where one is protected from its consequences, e.g. by insurance.

    〔经济〕道德风险

    Example sentencesExamples
    • The recent history of the credit system can be thought of as the evolution of increasingly successful methods of reducing the risk premium caused by hidden information and moral hazard.
    • He is creating moral hazard by making investors think that investment risks are minimized simply by skimming an independent stock research report.
    • For example, if moral hazard is associated with deposit insurance, the greater risks banks take may demand stronger preventive techniques.

Definition of moral hazard in US English:

moral hazard

nounˈmôrəl ˈhazərd
Economics
  • Lack of incentive to guard against risk where one is protected from its consequences, e.g. by insurance.

    〔经济〕道德风险

    Example sentencesExamples
    • He is creating moral hazard by making investors think that investment risks are minimized simply by skimming an independent stock research report.
    • For example, if moral hazard is associated with deposit insurance, the greater risks banks take may demand stronger preventive techniques.
    • The recent history of the credit system can be thought of as the evolution of increasingly successful methods of reducing the risk premium caused by hidden information and moral hazard.
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