hedge

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.

by adamisaspaz March 05, 2003

crappleworks

Slang for Appleworks. Used to convey dissatisfaction with the Appleworks software suite.

Crappleworks could only be worse if using it was physically painful.

by adamisaspaz March 05, 2003