defensive securities

Definition

Stocks (called defensive stocks) and bonds that do not lose as much value as other securities when the stockmarket is in decline. These securities are issued usually by firms less affected by economic cycles (such as healthcare and utility firms). In times of economic downturn or financial market instability, investors tend to switch over to defensive securities because of their stable returns. However, defensive securities generally do not gain value as fast as others in times of a boom.

单词	defensive securities
释义	defensive securities Definition Stocks (called defensive stocks) and bonds that do not lose as much value as other securities when the stockmarket is in decline. These securities are issued usually by firms less affected by economic cycles (such as healthcare and utility firms). In times of economic downturn or financial market instability, investors tend to switch over to defensive securities because of their stable returns. However, defensive securities generally do not gain value as fast as others in times of a boom.
随便看	other people's money (OPM) Other Post-Employment Benefits (OPEB) other revenues and expenses other sources other structures ounce outage outage insurance outbound outbound cash flow outbound logistics outcome measure outcomes measurement outdoor advertising outflows outgo outlay outlier outline outline font outline of coverage outline specifications out of area out-of-cash-date out of control