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safe-haven noun Definition, pictures, pronunciation and usage notes

safe haven definition

She added that some moms don’t want the face-to-face interaction of having to hand their baby over to someone. Arguably, cash is considered the only true safe haven during periods of a market downturn. However, cash offers no real return or yield and is negatively impacted by inflation. Because gold has historically maintained its value over time, it serves as a form of insurance against adverse economic events.

Finally, when referring to television broadcasting, a safe haven is a period of time at night when broadcasters can play material that is not suitable for children. However, it’s important to understand that while safe havens can offer stability and even increasing value during market downturns, they can also provide less of a return during periods of market strength, due to their lower risk. Lake Worth Beach’s resolution follows similar declarations and actions in other states and cities to protect members of the LGBTQ community.

Dictionary Entries Near haven

A safe haven is a type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns. Lake Worth Beach’s resolution cites data from the American Civil Liberties Union, which tracked more than 490 bills targeting LGBTQ rights in the United States.

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When an adverse event occurs that lingers for a while, investors may decide to pile their funds into gold, which drives up its price. The Republican governor has also expanded the state’s Parental Rights in Education Act, which was originally passed in 2022 and targeted elementary schools. Derided by critics as the “Don’t Say Gay” law, the legislation now restricts discussions of sexual orientation and gender identity in all grades. Unified Funding Agency (UFA) means an eligible applicant selected by the Continuum of Care to apply for a grant for the entire Continuum, which has the capacity to carry out the duties in § 578.11(b), which is approved by HUD and to which HUD awards a grant. Collaborative applicant means the eligible applicant that has been designated by the Continuum of Care to apply for a grant for Continuum of Care planning funds under this part on behalf of the Continuum. Defensive stocks refer to shares of companies that sell products that are considered to be necessities.

When they go there, they feel relaxed and at peace from the troubles of the world. Someone else could find a safe haven in playing basketball, or in watching a movie with their family. A safe haven is a place, thing, or person that makes one feel safe and like they are at peace. The general rule is that if a parent drops an unharmed newborn off at a designated Safe Haven location and hands the child over to someone, that parent will be free to go. The baby boxes launched in Indiana in 2016, and according to Kelsey the state has had zero babies die from abandonment since then. “I don’t believe that a mother would carry a child for nine months and place her child in an unsafe place because she wants to,” Kelsey said.

What is the etymology of the phrase safe haven?

A parent may be asked to voluntarily fill out paperwork on the child’s medical history or anything that is pertinent for the Safe Haven location to know, but once the child is deemed unharmed, the parent can leave. To combat the anonymity problem, Kelsey came up with the idea for Safe Haven Baby Boxes which provide 100% anonymity. Switzerland’s independence from the European Union also makes it somewhat immune to any negative political and economic events that occur in the region. Incidentally, Switzerland is also a tax haven for the wealthy, who take advantage of the country’s high-security and anonymous banking features to evade taxes and hide potentially ill-gotten funds.

  • (v) Reflects the individual’s need for a combination and sequence of special, interdisciplinary, or generic services, individualized supports, or other forms of assistance that are of lifelong or extended duration and are individually planned and coordinated.
  • Such investments are believed to be a safe option for investors, as they are not correlated to the economy – meaning that a financial crisis would not reduce the value of the investments.
  • Eligible applicant means a private nonprofit organization, State, local government, or instrumentality of State and local government.
  • Point-in-time count means a count of sheltered and unsheltered homeless persons carried out on one night in the last 10 calendar days of January or at such other time as required by HUD.

In volatile markets, investors and currency traders may seek to convert holdings of cash into these currencies for protection. Subrecipient means a private nonprofit organization, State, local government, or instrumentality of State https://1investing.in/ or local government that receives a subgrant from the recipient to carry out a project. Eligible applicant means a private nonprofit organization, State, local government, or instrumentality of State and local government.

synonyms for safe haven

While most assets are falling in value, safe havens either retain or increase in value. A safe haven investment can diversify an investor’s portfolio and may be beneficial in times of market volatility. However, there are times, such as during an economic recession, when the downturn of the market is prolonged. When the market is in turmoil, the market value of many investments can fall steeply. Last year, leaders in Austin, Texas, declared their city as a sanctuary city for transgender families. In May, officials in Missouri defied efforts made by state lawmakers to ban gender-affirming care by approving a resolution to declare Kansas City as a sanctuary city for LGBTQ people.

safe haven definition

Trade wars, natural disasters, the Global Financial Crisis in 2008, and the COVID-19 pandemic are all events that prompted investors to buy safe-haven assets in order to mitigate their losses from a potential stock market crash. Investors looked to purchase “safe” assets, such as gold, treasury bills, government bonds, and defensive stocks. As of January 8, 2006, only one case, in Ohio, had challenged the constitutionality of a safe-haven law.

Translations of safe haven

They are part of sectors such as utilities, healthcare, consumer goods, and food and beverages. A financially secure offshore bank or country during times of extreme uncertainty, or when domestic banks are suspected of becoming insolvent. An investment that would lose little of its value in the event of a stock market crash. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

safe haven definition

Applicant means an eligible applicant that has been designated by the Continuum of Care to apply for assistance under this part on behalf of that Continuum. In some places, a baby hatch or “baby box” is provided types of money in india to allow babies to be safely dropped off anonymously and without encountering other people. According to Etymonline, the word safe began to be used in the 13th century to mean unscathed or free from danger.

Some states have Safe Haven Baby Boxes that are completely anonymous

Such investments are believed to be a safe option for investors, as they are not correlated to the economy – meaning that a financial crisis would not reduce the value of the investments. Therefore, safe-haven investments offer more protection and diversification in investors’ portfolios, which is advantageous if the market is volatile. The local resolution also cites research from the Trevor Project, a nonprofit organization that focuses on suicide prevention efforts for the LGBTQ community. The nonprofit conducted surveys in 2022 and found that 86% of transgender and nonbinary youth reported negative mental health impacts from anti-LGBTQ political debates and laws, while 45% of LGBTQ youth seriously considered attempting suicide in the past year. Victim service provider means a private nonprofit organization whose primary mission is to provide services to victims of domestic violence, dating violence, sexual assault, or stalking. This term includes rape crisis centers, battered women’s shelters, domestic violence transitional housing programs, and other programs.

  • A protected zone in a country, especially one designated for members of an ethnic or religious minority.
  • “Approximately 34 states, the District of Columbia, and Puerto Rico do not prosecute a parent for child abandonment when a baby is relinquished to a Safe Haven,” the child welfare government website states.
  • A private nonprofit organization does not include governmental organizations, such as public housing agencies.
  • So investors should perform ample due diligence to pinpoint the right safe haven for their needs.
  • As a physical commodity, it cannot be printed like money, and its value is not impacted by interest rate decisions made by a government.

Investors also prefer to invest in government bonds because the government is considered to have high creditworthiness, which also provides more security and confidence for investors. Overall, the phrase safe haven refers to either a country or part of a country where refugees can go to escape persecution – often religious persecution – where they do not need to formally emigrate to to receive protection. The term safe haven can also refer to a more figurative sanctuary, which is a place, activity, or group of people that one feels protected and safe with. There are many different ways that one can refer to a place that is a comfort for them, or that makes them feel safe. These words are called synonyms, which are words or phrases that mean the same thing as a given word or phrase.

CFR § 578.3 – Definitions.

In 2023, the organization said more than 525 bills were introduced across the country and over 220 of those bills targeted transgender people. PALM BEACH COUNTY, Fla. — A southeastern Florida city declared itself a sanctuary for LGBTQ people and their families, the first of its kind in a state where advocates say laws and policies are openly targeting the gay community. “Approximately 34 states, the District of Columbia, and Puerto Rico do not prosecute a parent for child abandonment when a baby is relinquished to a Safe Haven,” the child welfare government website states. “In 16 states, safe relinquishment of the infant is an affirmative defense in any prosecution of the parent or his/her agent for any crime against the child, such as abandonment, neglect, or child endangerment.” The assets listed above are not guaranteed to maintain their values during periods of market volatility.

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Permanent supportive housing means permanent housing in which supportive services are provided to assist homeless persons with a disability to live independently. Permanent housing means community-based housing without a designated length of stay, and includes both permanent supportive housing and rapid rehousing. To be permanent housing, the program participant must be the tenant on a lease for a term of at least one year, which is renewable for terms that are a minimum of one month long, and is terminable only for cause. A safe haven is a term that refers to an investment that is anticipated to maintain or increase in value during times of economic downturn.

High-performing community (HPC) means a Continuum of Care that meets the standards in subpart E of this part and has been designated as a high-performing community by HUD. There is also a tendency for foreign countries to store the currencies in their reserves, which indicates the security in holding such currencies and the high confidence in the creditworthiness of the currency’s country of origin. A protected zone in a country, especially one designated for members of an ethnic or religious minority. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘haven.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors.

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