/ Dictionary / Index M moral hazard: Meaning and Definition of Find definitions for: mor'al haz'ard Pronunciation: [key] an insurance company's risk as to the insured's trustworthiness and honesty. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. morale moralism Related Content Daily Word Quiz: panacea Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language