Meaning of underhedged | Babel Free
Definitions
On a hedged a transaction, having too much cash flow committed to rated note debt coverage, leaving too little available for the income notes.
Examples
“Instead, it was a collective failure of the governing five-man executive committee that over the years became so fixated on increasing the firm’s book value — and expecting the stock⟳ price to follow⟳ — that it lost sight of the concentrated, underhedged exposure to the home mortgage market that left Bear⟳ vulnerable.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
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