glide path
The term "glide path" originates from aviation and has extended meanings in finance and general usage.
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Definition
B2Aviation
(technical)The trajectory an aircraft follows as it descends for landing.
Example
- The pilot carefully monitored the glide path during the approach to the runway.
C1Finance
(technical)A strategy for gradually adjusting the mix of assets in a portfolio as a target date approaches.
Example
- The fund manager adjusted the glide path to reduce risk as retirement neared.
B2General
(figurative)A planned, smooth course toward achieving a specific goal.
Example
- The project team set a glide path to ensure timely completion of the tasks.
Similar
Terms that have similar or relatively close meanings to "glide path":