Related Words

Edge Connector: The part of a circuit board that contains a series of contacts that is then inserted into an expansion slot or connector.

Nominal Ledger: A ledger which holds all the nominal accounts of a business. Where the business uses a subsidiary ledger like the sales ledger to hold customer details, the nominal ledger will usually inclu . . . View Full Definition

Neutral Hedge: Hedge that is expected to yield a dollar-neutral result of the combined position, regardless of price change in any part of the hedge securities. For any convertible trading at a premium, th . . . View Full Definition

Negative Pledge Clause: A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders.

Money Market Hedge: The use of borrowing and lending transactions in foreign currencies to lock in the home currency value of a foreign currency transaction.

Optical Wedge: Is a strip of material, clear at one end and gradually increasing in opacity, which is used to determine the effect of light intensities on sensitized materials.

Pitching Wedge: (also 'wedge, p, pw, w' and more) a lofted short iron (usually next in chronological order after the 9 iron and somewhere between 47° and 52°)

Pin-Type Connectors: Will work with both spring clip and binding post terminals. This is probably the best type for connecting a thick, heavy-gauge wire to a small spring clip connector. On a 5-way binding post, . . . View Full Definition

Perfect Hedge: A situation in which the profit and loss from the underlying asset and the hedge position are equal.

Long Hedge: The purchase of a futures contract in anticipation of actual purchases in the cash market. Used by processors or exporters as protection against an advance in the cash price. Related: hedge, . . . View Full Definition