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Meaning of “widow-and-orphan stock” in the English Dictionary

"widow-and-orphan stock" in Business English

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widow-and-orphan stocknoun [C or U]

uk   us   STOCK MARKET
shares that are considered to be very ​safeinvestments: AT&T had been known as the classic widow-and-orphan ​stock from the 1930s until the 1980s.
(Definition of widow-and-orphan stock from the Cambridge Business English Dictionary © Cambridge University Press)
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