NARROW MOAT
\nˈaɹə͡ʊ mˈə͡ʊt], \nˈaɹəʊ mˈəʊt], \n_ˈa_ɹ_əʊ m_ˈəʊ_t]\
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A small competitive advantage one company may have over other competing firms operating in the same or similar industries. A narrow moat provides a very limited economic benefit lasting a short time, but is still considered an advantage,
By Henry Campbell Black