The fine art of removing danger or unwanted consequences from a situation. Covering your ass at a sophisticated level.
The shoe company was able to hire Michelle Obama as model and spokesperson for its new platform sandal, successfully de-risking the launch of this otherwise lackluster product.
An act that appears to most an innocent sneeze, when infact the "sneezer" is actualy covering up a fart.
Bystander "Bless you"
Bystander " No probl- oh-oh my god, what is that smell? Was that a Snart?!"
When 5 or more guys blow their loads on a girls chest, covering her in a Bleached Tuxedo.
Jane: Last night the boys gave me a Bleached Tuxedo.
Bernadette: You are soooo Lucky!
(FINANCE) using financial derivatives to guarantee against losses. Typically used by non-traders, such as companies engaged in international commerce, to protect themselves against foreign exchange risk (i.e., the possibility that a customer's currency will decline in value).
BILL: You know, I think that financial derivatives are just a huge sinkhole. The people who trade them are just a bunch of wankers who move bits of paper around but add nothing of value.
ANNA: Well, they do provide some important benefits.
BILL: Name one.
ANNA: Covering risk, for one. If you're an airline, you need those aviation fuel options.
(FINANCE) borrowing securities for immediate sale, in anticipation of a sharp decline. Short selling requires strong nerves and excellent market timing; it also requires the ability to locate tranches of securities to borrow. If the short seller is correct, then she can buy back the securities at a much lower price, and lock in very high profits with very little initial investment.
Closely related to the concept of a short position. However, a short position includes buying put options (for example), while a long position could include short selling put options. So they are not exactly the same.
If a short sellers are wrong about the market, they are left hastily covering shorts, or buying the item they borrowed at a HIGHER price than they sold it for.
Jim Fisk was a master of the short squeeze; he appeared to cooperate with short selling until he was able to call in loans, forcing his counterparties to cover their shorts.
Q: Tucker, why are you under your desk and what are you doing with your phone.
A: I'm caving to download that app. My network sucks in this building.
A bag or covering to hide the face of a person who has a ugly face but a hot body.
That EDL angel I took home lastnight had a smoking hot body but a butt ugly face. I had to use a Bagaclava to cover her face, just to get an erection.