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 hedge [hedʒ]   添加此单词到默认生词本
n. 树篱, 障碍, 套头交易

vt. 用树篱围, 套期保值, 妨碍, 两面下注以防...的损失

vi. 筑树篱, 躲闪, 两面下注以防损失

a. 树篱的, 偷偷摸摸的

[经] 平衡交易, 套头交易




    hedge
    [ noun ]
    1. a fence formed by a row of closely planted shrubs or bushes

    2. <noun.artifact>
    3. any technique designed to reduce or eliminate financial risk; for example, taking two positions that will offset each other if prices change

    4. <noun.possession>
    5. an intentionally noncommittal or ambiguous statement

    6. <noun.communication>
      when you say `maybe' you are just hedging
    [ verb ]
    1. avoid or try to avoid fulfilling, answering, or performing (duties, questions, or issues)

    2. <verb.communication> circumvent dodge duck elude evade fudge parry put off sidestep skirt
      He dodged the issue
      she skirted the problem
      They tend to evade their responsibilities
      he evaded the questions skillfully
    3. hinder or restrict with or as if with a hedge

    4. <verb.contact>
      The animals were hedged in
    5. enclose or bound in with or as it with a hedge or hedges

    6. <verb.contact>
      hedge in
      hedge the property
    7. minimize loss or risk

    8. <verb.change>
      diversify your financial portfolio to hedge price risks
      hedge your bets


    Hedge \Hedge\, v. t. [imp. & p. p. {Hedged}; p. pr. & vb. n.
    {Hedging}.]
    1. To inclose or separate with a hedge; to fence with a
    thickly set line or thicket of shrubs or small trees; as,
    to hedge a field or garden.

    2. To obstruct, as a road, with a barrier; to hinder from
    progress or success; -- sometimes with up and out.

    I will hedge up thy way with thorns. --Hos. ii. 6.

    Lollius Urbius . . . drew another wall . . . to
    hedge out incursions from the north. --Milton.

    3. To surround for defense; to guard; to protect; to hem
    (in). ``England, hedged in with the main.'' --Shak.

    4. To surround so as to prevent escape.

    That is a law to hedge in the cuckoo. --Locke.

    5. To protect oneself against excessive loss in an activity
    by taking a countervailing action; as, to hedge an
    investment denominated in a foreign currency by buying or
    selling futures in that currency; to hedge a donation to
    one political party by also donating to the opposed
    political party.
    [PJC]

    {To hedge a bet}, to bet upon both sides; that is, after
    having bet on one side, to bet also on the other, thus
    guarding against loss. See hedge[5].


    Hedge \Hedge\, n. [OE. hegge, AS. hecg; akin to haga an
    inclosure, E. haw, AS. hege hedge, E. haybote, D. hegge, OHG.
    hegga, G. hecke. [root]12. See {Haw} a hedge.]
    A thicket of bushes, usually thorn bushes; especially, such a
    thicket planted as a fence between any two portions of land;
    and also any sort of shrubbery, as evergreens, planted in a
    line or as a fence; particularly, such a thicket planted
    round a field to fence it, or in rows to separate the parts
    of a garden.

    The roughest berry on the rudest hedge. --Shak.

    Through the verdant maze
    Of sweetbrier hedges I pursue my walk. --Thomson.

    Note: Hedge, when used adjectively or in composition, often
    means rustic, outlandish, illiterate, poor, or mean;
    as, hedge priest; hedgeborn, etc.

    {Hedge bells}, {Hedge bindweed} (Bot.), a climbing plant
    related to the morning-glory ({Convolvulus sepium}).

    {Hedge bill}, a long-handled billhook.

    {Hedge garlic} (Bot.), a plant of the genus {Alliaria}. See
    {Garlic mustard}, under {Garlic}.

    {Hedge hyssop} (Bot.), a bitter herb of the genus {Gratiola},
    the leaves of which are emetic and purgative.

    {Hedge marriage}, a secret or clandestine marriage,
    especially one performed by a hedge priest. [Eng.]

    {Hedge mustard} (Bot.), a plant of the genus {Sisymbrium},
    belonging to the Mustard family.

    {Hedge nettle} (Bot.), an herb, or under shrub, of the genus
    {Stachys}, belonging to the Mint family. It has a
    nettlelike appearance, though quite harmless.

    {Hedge note}.
    (a) The note of a hedge bird.
    (b) Low, contemptible writing. [Obs.] --Dryden.

    {Hedge priest}, a poor, illiterate priest. --Shak.

    {Hedge school}, an open-air school in the shelter of a hedge,
    in Ireland; a school for rustics.

    {Hedge sparrow} (Zo["o]l.), a European warbler ({Accentor
    modularis}) which frequents hedges. Its color is reddish
    brown, and ash; the wing coverts are tipped with white.
    Called also {chanter}, {hedge warbler}, {dunnock}, and
    {doney}.

    {Hedge writer}, an insignificant writer, or a writer of low,
    scurrilous stuff. [Obs.] --Swift.

    {To breast up a hedge}. See under {Breast}.

    {To hang in the hedge}, to be at a standstill. ``While the
    business of money hangs in the hedge.'' --Pepys.


    Hedge \Hedge\, v. i.
    1. To shelter one's self from danger, risk, duty,
    responsibility, etc., as if by hiding in or behind a
    hedge; to skulk; to slink; to shirk obligations.

    I myself sometimes, leaving the fear of God on the
    left hand and hiding mine honor in my necessity, am
    fain to shuffle, to hedge and to lurch. --Shak.

    2. (Betting) To reduce the risk of a wager by making a bet
    against the side or chance one has bet on.

    3. To use reservations and qualifications in one's speech so
    as to avoid committing one's self to anything definite.

    The Heroic Stanzas read much more like an elaborate
    attempt to hedge between the parties than . . . to
    gain favor from the Roundheads. --Saintsbury.

    1. Authors always tell us to place the long-term features first, but new ideas intrude and new possibilities emerge as the site is progressively tamed. I have long-term designs on a low sweet-scented hedge of sarcocca which flowers in winter.
    2. Steinhardt Partners, a US hedge fund manager which holds 30 per cent of Ransomes' preference shares, almost gained 15 per cent of votes in Ransomes earlier this year because of preference dividend payment arrears.
    3. Investors who had second thoughts after they bought gold as a hedge against inflation have pushed the price of the precious metal lower.
    4. Sumitomo used the London Metal Exchange to hedge the physical purchases, he added.
    5. They were intended as a hedge against starvation in case of nuclear attack.
    6. A Marion spokesman, while conceding that "our hedge position is not as strong as it once was," contends that the company is properly hedged and that profit margins won't greatly suffer.
    7. Arbitragers who buy futures contracts in Chicago hedge their positions by selling actual stocks in the New York market, a practice blamed for accelerating the market plunge.
    8. However, majority vote candidates can also stand in up to three proportional lists to hedge their bets. All the leading candidates in the parties are standing in both the majority and the proportional lists - often in two or three.
    9. Meritor took on some rate swap agreements in late 1984 as a hedge against higher rates.
    10. They have viewed commodities such as metals as a hedge against inflation.
    11. But very few companies are so protected. An alternative is to hedge everything but this ignores the cost and the possibility that some hedges can put a company at a competitive disadvantage.
    12. On a 326-94 vote, the House rejected on Thursday an amendment that could have allowed 241 S&Ls to escape a requirement calling for the industry to come up with $6 billion in new capital by 1995 to hedge against loan losses.
    13. Index-linked gilts, the prime anti-inflation hedge, shaded lower. Early deals saw the FT-SE Index down to 2,801.2, a fall of nearly 19 points as marketmakers took avoiding action while waiting for the political fog to clear.
    14. The Chicago Merc in particular has grown very large by offering securities traders an inexpensive place to hedge.
    15. The San Juan, Puerto Rico-based savings bank's president, Mariano J. Mier, said the sale will give First Federal a hedge against possible future rises in interest rates.
    16. Precious metals are usually considered a hedge against inflation.
    17. They hedge their promises.
    18. "People looked at real estate as the best hedge there was against inflation," explains Stephen Carlotti, the company's recently appointed chief executive officer.
    19. Moreover they'll need 'the intellect to use derivative products to hedge their position when required.' Salary around Pounds 90,000, plus bonus on results.
    20. Both realize that most Japanese investors, anxious to hedge their investment risks, are likely to make futures trading a highly lucrative business.
    21. Index arbitrage is a process whereby portfolio managers and traders hedge the stocks they hold by selling stock-index futures contracts, usually on the Chicago Mercantile Exchange.
    22. The stop loss selling of hedge funds and investment banks has created more damage in the minor markets. The central banks this week decided that the hedge funds were not big enough to pose any systemic risks.
    23. The stop loss selling of hedge funds and investment banks has created more damage in the minor markets. The central banks this week decided that the hedge funds were not big enough to pose any systemic risks.
    24. But they still say investors should probably hedge their risks by buying intermediate-term municipals, and limiting long-term holdings to 50% of bond portfolios for the next year.
    25. Now, hedge funds tend to buy shares to catch big rises in a stock after an offering announcement, then sell later during the offering.
    26. About $70 billion is estimated to be tied up in the short-term money market, which acts both as a hedge against inflation for consumers and an accelerator of inflation and deficits for the government.
    27. Dinsa Mehta, chief bullion trader at Chase Manhattan Bank, also linked gold's weakness in part to the deflationary economy, which undermines its use as an inflation hedge.
    28. Chase invests in S&P 500 options and futures to hedge its risk and to assure it can pay the promised returns.
    29. Investment professionals emphasized that a 50% cash margin requirement would make the CIPs too costly to use to hedge stock holdings against market movements.
    30. Mr. Rubin had caused a $45 million pre-tax loss in December 1985 through mortgage-issue trading and a related hedge strategy, one person said.
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