Moral Aspects of Monopoly — Moral Aspects of Monopoly † Catholic Encyclopedia ► Moral Aspects of Monopoly According to its etymology, monopoly (monopolia) signifies exclusive sale, or exclusive privilege of selling. Present usage, however, extends the term to… … Catholic encyclopedia
Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… … Wikipedia
Risk assessment — is a common first step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat. Quantitative risk assessment requires calculations of… … Wikipedia
Moral turpitude — is a legal concept in the United States that refers to conduct that is considered contrary to community standards of justice, honesty or good morals. [1] It appears in U.S. immigration law from the nineteenth century.[2] In other common law… … Wikipedia
Moral courage — is the courage to take action for moral reasons despite the risk of adverse consequences.[1] Courage is required to take action when one has doubts or fears about the consequences. Moral courage therefore involves deliberation or careful thought … Wikipedia
moral hazard — mor·al hazard n: the possibility of loss to an insurance company (as by arson) arising from the character or circumstances of the insured deductibles decrease moral hazard Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
moral hazard — n. risk (to an insurance company) arising from the possible dishonesty or imprudence of the insured … English World dictionary
Moral hazard — In economic theory, moral hazard is a situation in which a party insulated from risk behaves differently from how it would behave if it were fully exposed to the risk. Moral hazard arises because an individual or institution does not take the… … Wikipedia
Risk compensation — In ethology, risk compensation is an effect whereby individual people may tend to adjust their behavior in response to perceived changes in risk. It is seen as self evident that individuals will tend to behave in a more cautious manner if their… … Wikipedia
Risk-Based Deposit Insurance — Deposit insurance with premiums that reflect how prudently banks behave when investing their customers deposits. The idea is that flat rate deposit insurance shelters banks from their true level of risk taking and encourages poor decision making… … Investment dictionary
risk — In insurance law, the danger or hazard of a loss of the property insured; the casualty contemplated in a contract of insurance; the degree of hazard; a specified contingency or peril; and, colloquially, the specific house, factory, ship, etc.,… … Black's law dictionary