unhedged
- adjective
- /ʌnˈhɛdʒd/
- Specialized
:
sin cobertura
- Maybe he'll be the one explaining to the bank how they might do a better job of monitoring counterparty risk while engaging in unhedged transactions with insurers far, far too big to fail.
- an unhedged fund
- an unhedged bond
Examples
-
Financial analysts warn that an unhedged position could result in devastating consequences during market volatility.
-
If the asset being hedged does not match that specified in the futures contract, the basis will not go to zero when the futures contract expires, so there remains some unhedged risk.
Academic text (2001) -
Investing in an unhedged fund can lead to significant losses if the market moves against you.
-
Many investors are drawn to unhedged options despite the higher risk of financial loss.
Synonyms
58
3.9
Not covered by a plan that pays for loss or medical costs
28
2.9
Not safe from harm
12
6.8
Not protected by property the lender can take if the borrower does not pay
11
5.2
Not watched or protected so someone can take it
1
6.6
Not covered or protected, for example a wire without a metal case
1
5.5
Exposed to problems from outside without protection for people or things
Not protected by a promise that someone will pay back the money
Someone or a business with no savings and no insurance to protect them from loss
Antonyms
How Hedged
Surface Forms
Morphology
unhedged = hedged (semi-transparent) = un + hedge + ed
Formally 'not hedged' is transparent, but the sense is domain-specific (financial usage) which may not be obvious to general learners.
Etymology
Unhedged is made from un- 'not' and hedge 'a fence of bushes'. In money talk, a hedge means protection against loss, so unhedged means not protected and open to financial risk.