adverse selection

ad·verse se·lec·tion

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Definitions of adverse selection words

noun adverse selection Adverse selection is a term used to describe the tendency of those in dangerous jobs or with high-risk lifestyles to want to take out life insurance. 3
noun adverse selection the process of singling out potential customers who are considered higher risks than the average. 1
noun adverse selection (economics, business, insurance) The process by which the price and quantity of goods or services in a given market is altered due to one party having information that the other party cannot have at reasonable cost. 0

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exclamation

This term is known only to a narrow circle of people with rare knowledge. Only 2% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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