Contractual fund is a kind of trust relationship, which gives the Trustee much freedom to manage the fund property, it may bring on the moral hazard.
契约型基金本质上是一种信托关系，它赋予受托人充分的自由度和信托资产的控制权，容易产生道德风险。
The road traffic accidents seriously threaten people's life security and property security, so it becomes a public hazard in today's society.
道路交通事故已成为当今社会的一大公害，严重地威胁着人们的生命和财产的安全。
Under hazard load, the important function of engineering structure of small town is lost, the structure is destroyed seriously, even collapse, which causes enormous life and property loss.
在灾害荷载作用下，如果小城镇工程结构的重要功能丧失，结构出现严重破坏甚至倒塌，易造成巨大的生命财产损失。
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