moral hazard
noun [ U ]
ukusa 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".
| 单词 | moral hazard |
| 释义 | moral hazard noun [ U ] ukusa 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". |
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