hedge fund
hedge fund
[ noun ]
a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging
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Hedge fund \Hedge" fund`\, n. (Finance)
a mutual fund or partnership of investors who pool large sums
of money to speculate in securities, increasing the risk of
such activity by using borrowed money to leverage the
investments, or by selling short.
[PJC]