The fine art of removing danger or unwanted consequences from a situation. Covering your ass at a sophisticated level.

An act that appears to most an innocent sneeze, when infact the "sneezer" is actualy covering up a fart.

When 5 or more guys blow their loads on a girls chest, covering her in a Bleached Tuxedo.

(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).

(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.

The act of covering up your phone (with your hands), forcing it to roam on stronger networks.

A bag or covering to hide the face of a person who has a ugly face but a hot body.