economic moat
From Wiktionary, the free dictionary
Noun
economic moat (plural economic moats)
- (economics) The durability of the competitive advantage that a business has thanks to protections of brand, technology, legal status, etc.[1]
See also
References
- Buffett and Loomis, Mr. Buffett on the Stock Market, Fortune, November 22, 1999. "The products or services that have wide, sustainable moats around them are the ones that deliver rewards to investors."
Wikiwand in your browser!
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
