moat
English edit
Etymology edit
From Middle English mote, from Old French mote (“mound, embankment”); compare also Old French motte (“hillock, lump, clod, turf”), from Medieval Latin mota (“a mound, hill”), of Germanic origin, perhaps via Frankish *mot, *motta (“mud, peat, bog, turf”), from Proto-Germanic *mutô, *mudraz, *muþraz (“dirt, filth, mud, swamp”), from Proto-Indo-European *(s)mut- (“dark, dirty”).
Cognate with Alemannic German Mott, Mutte (“peat, turf”), Bavarian Mott (“peat, turf”), dialectal Dutch mot (“dust, fine sand”), Saterland Frisian mut (“grit, litter, humus”), Swedish muta (“to drizzle”), Old English mot (“speck, particle”). More at mote, mud, smut.
As term for a business strategy, popularized by American investor Warren Buffett.
Pronunciation edit
- (Received Pronunciation) IPA(key): /məʊt/
Audio (Southern England) (file)
- (General American) IPA(key): /moʊt/
- Rhymes: -əʊt
- Homophone: mote
Noun edit
moat (plural moats)
- A deep, wide defensive ditch, normally filled with water, surrounding a fortified habitation.
- Synonym: fosse
- (business, figurative) An aspect of a business which makes it more "defensible" from competitors, because of the nature of its products, services or franchise or for some other reason.
- 2018 May 7, Andrew Ross Sorkin, quoting Elon Musk, “Elon Musk Wants to Fill Warren Buffett’s ‘Moat’ With Candy, but It Still Holds Water”, in The New York Times[2], →ISSN:
- “I think ‘moats’ are lame,” Mr. Musk had said during a Tesla earnings call. It was a criticism of an economic principle that Mr. Buffett had coined in 1999 and that has become something of a mantra for his faithful: Invest in businesses “that have wide, sustainable moats around them.”
- 2023 November 28, JS Tan, “It's All Bullshit”, in The Baffler[3]:
- Moreover, where older firms might have to stave off competitors and engage in practices like predatory pricing to keep the competition at bay, platform monopolies have a built-in moat. Since a platform’s value comes from its number of users—a phenomenon known as the network effect—competing against large platforms is nigh impossible since its monopoly position makes it inherently more useful.
- A circular lowland between a resurgent dome and the walls of the caldera surrounding it.
- (meteorology) A clear ring outside the eyewall of a tropical cyclone.
- (obsolete) A hill or mound.
Derived terms edit
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Verb edit
moat (third-person singular simple present moats, present participle moating, simple past and past participle moated)
- (transitive) To surround with a moat.
Anagrams edit
Finnish edit
Pronunciation edit
- IPA(key): /ˈmoɑt/, [ˈmo̞ɑ̝t̪]
- IPA(key): /ˈmoːɑt/, [ˈmo̞ːɑ̝t̪]
- Rhymes: -oɑt
- Syllabification(key): mo‧at
Noun edit
moat
- nominative plural of moa