Glossary › defensive
Trading glossary · fundamentals
defensive
A kind of business people need even in hard times, like electricity or food, so it usually holds up better when the economy slows.
The fuller meaning
Describes sectors such as utilities and everyday goods whose demand stays fairly steady through the business cycle, so their shares usually swing less and often hold up better in slowdowns than cyclical sectors. The lessons stress these tendencies are loose and often break.
defensive.
Related words
adoption · analyst estimate · balance sheet · Bank of Japan · beat · bond · book value · business cycle · cash flow · central bank