Security that is less sensitive to movements in the business cycle. An example could be utility stocks that usually show steady performance and income, irrespective of the stage of the business cycle. See also cyclical stock.
Found on
http://www.encyclo.co.uk/local/20211
Stock of a company with continuous dividend payments, which has demonstrated relatively stable earnings despite poor economic conditions.
Found on
http://www.encyclo.co.uk/visitor-contributions.php
A stock purchased from a company that has maintained a record of stable earnings and continuous dividend payments through periods of economic downturn.
Found on
https://www.encyclo.co.uk/local/22800
No exact match found.
