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单词 moral hazard
释义

moral hazard

noun
/ˌmɒrəl ˈhæzəd/
/ˌmɔːrəl ˈhæzərd/
[uncountable, singular] (economics)
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  1. lack of reason to try to avoid risk when protected from its consequences, for example by insurance
    • Cheap easy credit has created moral hazard throughout the global economy.
    • The insurance creates a moral hazard for banks to engage in risky investments and loan too much money to unsuitable borrowers.
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更新时间:2024/12/23 13:32:47