underhedgedとは 意味・読み方・使い方

発音

形容詞

underhedged (comparative more underhedged, superlative most underhedged)

1. (finance) On a hedged a transaction, having too much cash flow committed to rated note debt coverage, leaving too little available for the income notes.
   • 2008 May 7, Landon Thomas Jr., “Quarrel Erupts Between Bear’s Elder Statesmen”, in New York Times‎:

     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.

反意語

• overhedged