noun
General Slang
Widow-and-orphan stock
· noun · finance
A boring, safe, dividend-paying share thought fit for people who can't afford to lose.
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Definitions
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Old-school name for the most defensive blue chips — utilities, consumer staples, telecoms. Low volatility, fat dividend, won't blow up overnight. The kind of name a trustee buys for clients who literally cannot wear a loss.
“AT&T was the original widow-and-orphan stock — until it wasn't.”
by community
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Widow-and-orphan stock In A Sentence
AT&T was the original widow-and-orphan stock — until it wasn't.
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