war baby

noun

Definition of war baby

: a person born or conceived during a war

Examples of war baby in a Sentence

Recent Examples on the Web

Today’s millennials, children of the post-war Baby Boomers, grew up in the affluence of the late 20th and early 21st centuries. Victor Davis Hanson, National Review, "The Ghosts of World War II," 5 Sep. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'war baby.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of war baby

1901, in the meaning defined above

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Dictionary Entries near war baby

waral

Warangal

waratah

war baby

war bag

Warbeck

war belt

Statistics for war baby

Last Updated

3 Oct 2019

Look-up Popularity

Time Traveler for war baby

The first known use of war baby was in 1901

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More Definitions for war baby

war baby

noun

Financial Definition of war baby

What It Is

War babies are securities issued by companies in the defense industry.

How It Works

Let's assume Company XYZ builds jets for the Navy, and Company ABC builds guns for the Army. Both are public companies, and both are borrowing money by issuing bonds. The stocks and bonds of these companies are called war babies.

Why It Matters

War babies are securities from companies that create tools, services and intelligence needed during war. Accordingly, when a country is at war or may go to war, companies like Company XYZ and Company ABC will sell more and thus profit more. In turn, the value of their securities will likely rise.

Conversely, war babies will usually lose value when conflicts decrease or cease. However, it is important to note that even when a country is not at war, governments are still interested in maintaining their defenses and will thus usually have some level of consistent business for these companies. It is also important to note that these companies have an unusual kind of risk -- they largely depend on one customer (the government).

Source: Investing Answers

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