Home > Term: moral hazard
moral hazard
A condition of morals or habits that increases the probability of loss from a peril. An extreme example would be an individual who previously burned his own property to collect the insurance.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Convention
- Category: Conferences
- Company: CIC
0
Kūrėjas
- Apxhbt
- 100% positive feedback