Flight to quality

Definition:

The tendency of investors to move toward safer investments (often government bonds) during periods of high economic uncertainty.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Funding

Used to describe the refinancing of a debt prior to its maturity (the same as refunding). In corporate finance refers to the floating of bonds to raise finance and levels of capital. See also:... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio