Secular

Secular

An adjective used to describe a long-term time frame, usually at least 10 years. It is important for investors to identify secular trends in markets, not just short-term trends, if they want to succeed. Examples of secular trends include an aging population (which will tend to have different spending and savings habits than a younger population), the expansion of a particular technology (such as the Internet) and heavy reliance on certain commodities (like oil).

In his book "Stocks for the Long Run," Jeremy Siegel (economics Ph.D. and finance professor at the Wharton School, University of Pennsylvania) argues that equity securities (particular U.S. equities) will likely outperform the other major asset classes on a secular basis, or over the long term. He backs his argument up with the fact that between 1871 and 2001, during any rolling 30-year period (a period long enough to be considered secular), stocks outperformed all other asset classes, in particular bonds and T-bills.


Investment dictionary. . 2012.

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  • Secular — Sec u*lar, a. [OE. secular, seculer. L. saecularis, fr. saeculum a race, generation, age, the times, the world; perhaps akin to E. soul: cf. F. s[ e]culier.] 1. Coming or observed once in an age or a century. [1913 Webster] The secular year was… …   The Collaborative International Dictionary of English

  • secular — SECULÁR, Ă, seculari, e, adj. 1. Care durează mai multe secole, care are o vechime de unul sau de mai multe secole; p. ext. extrem de vechi, străvechi. 2. (livr.) Laic. – Din fr. séculaire, lat. saecularis. Trimis de LauraGellner, 21.07.2004.… …   Dicționar Român

  • secular — adjetivo 1. Que no es religioso o eclesiástico: tribunal secular. Sinónimo: seglar. 2. [sacerdote católico] que no vive en ningún convento sujeto a una regla, o no es miembro de ninguna orden religiosa: sacerdote secular. clero* secular …   Diccionario Salamanca de la Lengua Española

  • secular — (Del lat. seculāris). 1. adj. seglar. 2. Que sucede o se repite cada siglo. 3. Que dura un siglo, o desde hace siglos. 4. Dicho de un sacerdote o del clero: Que vive en el siglo, a distinción del que vive en clausura. Apl. a pers., u. t. c. s.) ☛ …   Diccionario de la lengua española

  • secular — [sek′yə lər] adj. [ME seculer < OFr < LL(Ec) saecularis, worldly, profane, heathen < L, of an age < saeculum, an age, generation < IE * seitlo < base * sei , to scatter, SOW2] 1. a) of or relating to worldly things as… …   English World dictionary

  • Secular — Sec u*lar, n. 1. (Eccl.) A secular ecclesiastic, or one not bound by monastic rules. Burke. [1913 Webster] 2. (Eccl.) A church official whose functions are confined to the vocal department of the choir. Busby. [1913 Webster] 3. A layman, as… …   The Collaborative International Dictionary of English

  • secular — (adj.) late 13c., living in the world, not belonging to a religious order, also belonging to the state, from O.Fr. seculer, from L.L. saecularis worldly, secular, from L. saecularis of an age, occurring once in an age, from saeculum age, span of… …   Etymology dictionary

  • secular — adj. 2 g. 1. Relativo a século. 2. Que se repete de cem em cem anos. 3. Que dura há muitos séculos, que é muito antigo. 4. Civil; mundano. • s. m. 5. Leigo; aquele que não está sujeito a nenhuma ordem religiosa. 6. braço secular: a justiça civil …   Dicionário da Língua Portuguesa

  • secular — ► ADJECTIVE 1) not religious, sacred, or spiritual. 2) (of clergy) not subject to or bound by religious rule. 3) Astronomy denoting slow changes in the motion of the sun or planets. 4) Economics (of a fluctuation or trend) occurring or persisting …   English terms dictionary

  • Secular... — Secular..., (v. lat.), s. Säcular …   Pierer's Universal-Lexikon

  • secular — index civil (public), material (physical), mundane, profane Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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