buy-and-hold strategy

buy-and-hold strategy definition - finance
A passive investment strategy, often associated with purchasing bonds, whereby a manager selects a portfolio of bonds aligned to his clientÂ’s objectives and intends to hold the bonds to maturity. A modified buy-and-hold strategy follows this process; however, portfolio managers still actively look for attractively-priced opportunities. A buy-and-hold strategy also may be applied to stock selection or other investments.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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