ALL meanings of adverse selection
ad·verse se·lec·tion
A a - 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