Widow-and-orphan stock

Definition:

A stock paying high dividends with a low beta and noncyclical business, that is an extremely safe investment.

Investing Essentials


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

Term of the Day

Noninsured plans

Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans.

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