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Asymmetric Information

ay-sih-MET-rik in-for-MAY-shun

/eɪsɪˈmɛtrɪk ˌɪnfərˈmeɪʃən/

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Syllable breakdown

asymmetricinformation

Dictionary meaning

A situation where one party in a transaction has more or better information than the other, creating an imbalance of power

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