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imported>Doug Williamson |
imported>Doug Williamson |
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| 1.
| | #Payment. |
| | | #A generic term for a payment or a receipt. |
| A tendency of managers of financial firms to take excessive risks, knowing that their business will be saved by the authorities. | |
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| The tendency of some insured individuals or businesses to take excessive risks, that they would not have taken if they had not been insured.
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| The risk that a party has not entered into a contract in good faith, or has provided misleading information.
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| For example, an insured may attempt to take unfair advantage of an insurer or other guarantor by suppressing information relevant to the assessment of a risk, or by not acting in accordance with the terms of a policy.
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| UK pensions legislation contains a number of clauses specifically designed to reduce the risk of moral hazard.
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| == See also == | | == See also == |
| * [[Agency risk]] | | * [[Payment]] |
| * [[Anti-selection]] | | * [[Receipt]] |
| * [[Pension Protection Fund]] | | * [[Remittance factory]] |
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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Revision as of 10:04, 30 May 2015
- Payment.
- A generic term for a payment or a receipt.
See also
