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.
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.
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