economic moat

English

economic moat (plural economic moats)

(economics) The durability of the competitive advantage that a business has thanks to some protections like brand, technology, legal status.[1]

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."

单词	economic moat
释义	economic moat English Noun economic moat (plural economic moats) (economics) The durability of the competitive advantage that a business has thanks to some protections like brand, technology, legal status.[1] Related terms market power oligopoly 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."
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