from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. One who makes or mends hedges.
- n. One who hedges, as, in betting.
from the GNU version of the Collaborative International Dictionary of English
- n. One who makes or mends hedges; also, one who hedges, .
from The Century Dictionary and Cyclopedia
- n. One who makes or repairs hedges.
- n. In sporting, one who hedges.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a respondent who avoids giving a clear direct answer
- n. someone who counterbalances one transaction (as a bet) against another in order to protect against loss
- n. a gardener who takes care of and trims hedges
In Cantor's case, a so-called hedger - such as an investor in the movie or just a fan - would sell futures contracts to a speculator valued at $1 for every $1 million in expected U.S. and Canadian ticket sales during the first month.
He's not only a "hedger" (a nice way to say, you know).
Imposing limits on speculative positions carries all sorts of problems, not least having government-appointed officials decide who is a genuine "hedger" and who isn't.
In order to be a legal "hedger", you can be a mining company with a reasonable expectation of getting it out of the ground, you can be someone who has just purchased a mining company's production forward, or you can be a person who has a huge vault, or access to someone else's huge vault.
London warehouse statistics are not reported, so they could have silver there to cover their "Commercial Trader" a. k.a "hedger" short position in New York.
There was optimistic talk in some circles that Cameron would prove to be a hedger.
A genuine hedger has real goods to exchange to make good on a futures transaction.
It is a binary question, where those traders that do not attest that they are a genuine hedger must therefor be a speculator.
The other side of any futures trade could be either another genuine hedger or a speculator.
It would be some point that is certainly at or below the combined number of hedger involved contracts.