Definition of «safe haven»

A safe haven is a place or situation that provides safety, security and protection from danger or harm. It can refer to physical locations such as shelters, refugee camps or cities that offer sanctuary to people fleeing war, persecution or natural disasters. In the context of finance, it refers to investments considered safe and stable during times of economic uncertainty, such as government bonds or gold. The phrase can also be used metaphorically to describe a person, organization or activity that offers refuge from stressors in life, such as an addiction treatment center providing a safe haven for those struggling with substance abuse.

Sentences with «safe haven»

  • The county works with local shelters to provide safe haven for women and families, crisis intervention services, and emergency counseling. (theravive.com)
  • That's not desirable because the bond portion of one's portfolio needs to provide safe haven in times of distress. (canadiancapitalist.com)
  • Gold has been the traditional go - to for investors seeking the financial safe haven of hard assets, but silver is gaining ground due to its rising role in the industry. (hardassetsalliance.com)
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