covering

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.

by DKD December 31, 2013

covering

When an lgbt person's best friend acts as their girlfriend/ boyfriend if theyre not out yet

Girl: I'm not really Josh's girlfriend im just covering so people don't suspect he's gay

by Chocolate donut January 14, 2017

Covering Flush

The act of flushing the toilet while simultaneously dropping a turd to cover the noise made while one is pooping.

I had to poop in my boyfriends house for the first time, so I layed down a covering flush because of my uncontrollable explosive diarreaha.

by Jacobazzi Lambrusco August 24, 2010

covering shorts

(FINANCE) the situation in which a derivatives trader with a short position is wrong about the behavior of the market. Having sold shares of stock he doesn't own, he is now compelled to buy them at a higher price than he sold them for (in order to reimburse whomever he borrowed the shares from).

If the short position was taken by writing naked options (i.e., issuing call options of stock the trader doesn't happen to have), then the trader has to buy shares of underlying stock in order to honor the options.

It's extremely expensive for traders to have to cover their shorts.

The surprising stock rally came as a shock. Nicholas Leeson had been riding high, but now he was furiously covering shorts, and driving the share prices higher still. By closing bell, he was ruined.

by Abu Yahya May 5, 2010

covering risk

(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.

by Abu Yahya April 15, 2010

Covering Up

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.

Bro I had to do some serious covering up last night!

by Montucky Man July 22, 2018

Covering the Manhole

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...

by thesunroom May 28, 2014