moral hazard
B2CEFR level
40/100Rarity: uncommon
TechnicalRegister
The tendency to take greater risks when shielded from the consequences of failure.
Bailing out the traders would create a moral hazard the whole desk would exploit.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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