| 释义 |
Secular
An adjective used to describe a long-term time frame, usually at least 10 years. Investopedia Says:
For example, in his book "Stocks For the Long Run", Jeremy Siegel (finance professor at the Wharton School, University of Pennsylvania) argues that equity securities (particular U.S. equities) will likely outperform the other major asset classes on a secular basis, or over the long term. He backs his argument up with the fact that between 1871-2001, during any rolling 30-year period (a period long enough to be considered secular), stocks outperformed all other asset classes, in particular bonds and T-bills. Related Terms:
Asset Class
Bond
Cyclical Industry
Cyclical Stock
Long Term
Long-Term Assets
Medium Term
Short Term
Treasury Bill |