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1. A row of closely planted shrubs or low-growing trees forming a fence or boundary.
2. A line of people or objects forming a barrier: a hedge of spectators along the sidewalk.
a. A means of protection or defense, especially against financial loss: a hedge against inflation.
b. A securities transaction that reduces the risk on an existing investment position.
4. An intentionally noncommittal or ambiguous statement.
5. A word or phrase, such as possibly or I think, that mitigates or weakens the certainty of a statement.
v. hedged, hedg·ing, hedg·es
1. To enclose or bound with or as if with hedges.
2. To hem in, hinder, or restrict with or as if with a hedge.
3. To minimize or protect against the loss of by counterbalancing one transaction, such as a bet, against another.
1. To plant or cultivate hedges.
2. To take compensatory measures so as to counterbalance possible loss.
3. To avoid making a clear, direct response or statement.

[Middle English, from Old English hecg.]

hedg′er n.
hedg′y adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.hedged - evasively worded in order to avoid an unqualified statement
qualified - limited or restricted; not absolute; "gave only qualified approval"
References in classic literature ?
And those alleys must be likewise hedged at both ends, to keep out the wind; and these closer alleys must be ever finely gravelled, and no grass, because of going wet.
Lord Lundie's summer resting-place we learned was a farm, a little out of the village, up a hill round which curled a high hedged road.
The study participants that hedged relied heavily on "plain vanilla" forwards.
Frequently, questions arise as to whether the property being hedged is ordinary property.
However, any ineffectiveness from an imperfect risk offset between the hedged item and the derivative is recorded to earnings in the period incurred.
Group A: Group A taxpayers believe that a valid hedging transaction for tax purposes includes only those transactions in which the risk-holding member directly hedged its own risks by entering into an offsetting position with a third party or another member of the group that operated as a hedging center (HC).
It generally provides that when the swap hedges the entire term of the underlying debt instrument, the gain or loss should be spread over the remaining term of the hedged debt.
Basis risk is the difference between the fair value (or cash flows) of the hedged item and the fair value (or cash flows) of the hedging derivative.
By permitting the adoption of a retroactive effective date, which we believe the IRS is authorized to permit, final regulations will enable taxpayers and the IRS to reach agreements that promote a proper matching of the character and timing of recognition of gain or loss with respect to a hedge and the hedged item, regardless of which legal entity within the group enters the hedge or holds the hedged property or obligation.