Attitudinal hazard Carelessness or indifference to a loss, which increases the frequency or severity of a loss. Attitudinal hazard also known as morale hazard.
Category: Banking & Finance
Share it: Cite
Previous: ← Assumption-of-risk
Next: Automatic premium loan →
More from this Section
- Royalty fees
Royalty fees are similar compensation for the use of intellectual property belonging to ...
- Blackout period
Blackout period is the period during which Social Security benefits are not paid to a ...
- Bull Market
Bull Market is a market in which prices keep rising ...
- Duration analysis
Duration analysis is a measurement of the sensitivity of the market value of a bank’s ...
- Variable universal life insurance
Variable universal life insurance is a similar to universal life insurance with certain ...