hedge fund

[ hej fuhnd ]

noun

1. an investment partnership that uses high-risk, speculative methods to obtain large, short-term profits.

hedge fund

noun

1. a largely unregulated speculative fund which offers substantial returns for high-risk investments

Word History and Origins

Origin of hedge fund¹

First recorded in 1965–70

Example Sentences

Earlier on Friday, Trump confirmed reports that Project 2025 architect Russ Vought would lead the Office of Management and Budget and appointed hedge fund manager Scott Bessent to serve as Treasury secretary.

From Salon

CVS struck a truce with Glenview Capital that includes giving the hedge fund four board seats; and Elliott Investment Management took a 5 percent stake in Tokyo Gas, the Japanese utility company.

From New York Times

Trump was originally expected to pick either Wall Street mogul Howard Lutnick or hedge fund manager Scott Bessent, but is now reportedly having second thoughts.

From Salon

The Oakland recall against Thao, meanwhile, was heavily funded by hedge fund executive Philip Dreyfuss, who lives in Piedmont, a picturesque city surrounded by Oakland’s borders.

From Los Angeles Times

McCormick is a military veteran and former hedge fund CEO.

From Salon

Related Words

• bond fund
• closed-end fund
• investment fund
• retirement plan