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War babies

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War babies
Slang term for the stocks and bonds of corporations in the defense industry.
War chest
Cash kept aside for a takeover or for defense against a takeover bid.

 


War Babies - A name given to securities in companies that are defense contractors.
Also known as "defense stocks".

Investment Dictionary:
War Babies
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A statement displayed on market tickers indicating that a bidder will pay cash for same-day settlement of a block of a specified security.
War babies
Slang term for the stocks and bonds of corporations in the defense industry.
War chest ...

See also: Gross interest, Billion, Values, Fraud, Expense

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