| 单词 | hedge fund |
| 释义 | hedge fund An investment fund specializing in taking speculative positions in markets, for shares or currencies. This may involve selling short, that is, selling forward shares or currency which the fund does not actually possess, in the expectation that the price will fall. Hedge funds are thus extremely risky; they are in principle the only form of investment fund which can profit from bear markets, though in practice most do not. |
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