To expand on IWire's idea, that 40A breaker run at 50A is gonna be HOTTT! and will not last as long as a 60A breaker running at 50A. Every 10 degrees celcius over ambient that a electrical device operates at cuts that components life in half. I typically see breakers running at or over their capacity 20 degrees celcius over ambient temperature. Sure it may not trip out, but that dosn't mean it was designed to serve this application. Over time, the 50A on the 40A brkr will fail. The heating then cooling causes the expanding and contrasting of contacts, and can cause loose connections between the brkr line side and the panel bus and then arcing. Breakers can also fail internally by that heating and cooling. You can hear buzzing noises internal to a failing breaker that signal there is internal arcing going on from the expansion and contraction of contacts.
In office buildings, the biggest culprit of breaker failure in an office enviorment is copiers and printers. Often offices are designed by someone who likes to put all the copiers and printers from one panel, and the desks and computers from another. Well, if you have a 100A 3phase 120y/208 main circuit breaker and you feed all printers and copiers, even if you calculate the loads to be less than the main, that main will fail quick. From 8am to 5pm every day, that panel main will see a continuous fluctuating load of 30-80 amps, will run hotter than if it was a steady load of 110A and can trip out and fail because of the fluctuating load for the same reasons as described above.