(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.
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.
by Abu Yahya April 15, 2010
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Cover version - Wikipedia: "In popular music, a cover version or cover song, or simply cover, is a new performance or recording of a contemporary or previously recorded, commercially"
He's covering Ed Sheeran.
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Get the Hair Covering The Eyes mug.When a 13 year old boy is using his mom's laptop to watch porn, but doesn't know how to use an Incognito Tab on google. So he looks up a to of random crap to cover up what he did on the search history.
by Montucky Man July 22, 2018
Get the Covering Up mug.When a guy puts his balls to another guys asshole and removes them repeatedly, kind of like a wrecking ball, but more like covering and uncovering a manhole.
Friend 1: Dude I swear those guys are covering the manhole when they are alone.
Friend 2: Ugh dude I can't get that image out of my mind...
Friend 2: Ugh dude I can't get that image out of my mind...
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