moral hazard Meaning in the Cambridge English Dictionary
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Meaning of “moral hazard” in the English Dictionary

"moral hazard" in Business English

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moral hazardnoun [U]

uk   us  
a ​situation in which ​people or ​organizations do not suffer from the ​results of their ​bad decisions, so may ​increase the ​risks they take: The Bank of England argued that ​intervention would ​amount to "moral ​hazard".
(Definition of moral hazard from the Cambridge Business English Dictionary © Cambridge University Press)
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