An economic moat is a metaphor that refers to businesses being able to maintain a competitive advantage over their competitors in order to preserve market share and profits. Any method that a company uses to maintain a competitive edge can be considered an economic moat.
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Economic moat
An economic moat, often attributed to investor Warren Buffett, is a term used to describe a company's competitive advantage. Like a moat protects a castle, certain advantages help protect companies from their competitors. Wikipedia
Economic Moat is the competitive advantage belonging to a business that protects its profits from competitors in the market.
A wide economic moat is a type of sustainable competitive advantage that makes it difficult for a business' rivals to erode its market share.
Sep 4, 2018 · The term “competitive moat” (popularized by Warren Buffett as an “economic moat”), refers to a business' ability to maintain competitive ...