避险 (bì xiǎn) — to avoid danger; to seek shelter from a hazard; (finance) to hedge; to move into safe-haven positions
Definition
Literally 'avoid danger'. Used both for physical safety (earthquakes, climbing) and in finance for shifting into safe assets to limit loss.
verb
to avoid dangerto seek shelter from a hazard(finance) to hedgeto move into safe-haven positions
Examples
- ,避险。Dì zhèn fā shēng shí, dà jiā xùn sù bì xiǎn dào kāi kuò dì dài.When the earthquake struck, everyone quickly evacuated to open ground.
- ,避险。Shì chǎng bō dòng jiā dà, tóu zī zhě fēn fēn xuǎn zé bì xiǎn zī chǎn.As market volatility increased, investors rushed to safe-haven assets.
- 避险。Dēng shān qián yào zuò hǎo chōng fèn de bì xiǎn zhǔn bèi.Before climbing a mountain, you need to make thorough preparations to avoid danger.
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