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Definitions by adamisaspaz

People who hang out at Jack-in-the-Box at 1 am are usually a little sketch.
sketch by adamisaspaz March 4, 2003
n.
1. A means of protection against financial loss.
2. A securities transaction designed to reduce the risk of an existing position.

v.
To minimize potential loss by counterbalancing one transaction, such as a bet, against another.
We can hedge the 04 convertable paper by going short the common stock.
hedge by adamisaspaz March 4, 2003