safe haven

noun

plural safe havens

1

: a place of safety or refuge

In 1985, the City Council passed a resolution proclaiming the city a safe haven for refugees and prohibiting city employees from asking about individuals' immigration status.

—Mathew Miranda

Over three decades, the sanctuary has become a symbol of hope, working to end the drivers of illegal wildlife trade while providing a safe haven for hundreds of great apes.

—Business Wire

2

: an investment that is expected to retain or increase its value during times of economic downturn or market volatility

Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns. However, assets that are deemed safe havens can vary depending on the specific nature of the down market.

—James Chen

—usually hyphenated when used before another noun

safe-haven assets

Word History

First Known Use

1668, in the meaning defined at sense 1