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  1. moral hazard

    • IPA[ˈmôrəl ˈhazərd]
    • n.
      lack of incentive to guard against risk where one is protected from its consequences, e.g. by insurance.
    • noun: moral hazard

    • 更多解釋
    • n.
      lack of incentive to guard against risk where one is protected from its consequences, e.g. by ...

    Oxford Dictionary