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hazard vs moral hazard

moral hazard vs hazard

hazard and moral hazard both are nouns.

hazard is a verb but moral hazard is not a verb.

Word NounAdjectiveVerbAdverb
hazard Yes No Yes No
moral hazard Yes No No No
As nouns, moral hazard is a hyponym of hazard; that is, moral hazard is a word with a more specific, narrower meaning than hazard:
  • hazard: a source of danger; a possibility of incurring loss or misfortune
  • moral hazard: (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)
Other hyponyms of hazard include health hazard, occupational hazard, sword of Damocles.
hazard (noun) moral hazard (noun)
an obstacle on a golf course (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)
an unknown and unpredictable phenomenon that causes an event to result one way rather than another
a source of danger; a possibility of incurring loss or misfortune
hazard (verb) moral hazard (verb)
put forward, of a guess, in spite of possible refutation
take a risk in the hope of a favorable outcome
put at risk
Difference between hazard and moral hazard

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