economic moat
English edit
Noun edit
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 edit
References edit
- ^ 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."