Hedger

Definitions: Hedger

Hedger

Noun

1. A respondent who avoids giving a clear direct answer.

2. Someone who counterbalances one transaction (as a bet) against another in order to protect against loss.

3. A gardener who takes care of and trims hedges.

Date "hedger" was first used in popular English literature: sometime before 1634. (references)

Synonym: Hedger

Synonym: equivocator (n). (additional references)

A hedger describes a financial investors who take up opposing positions in order to reduce risk. For example, a fund manager may invest in a portfolio of leading shares from the London Stock Exchange. If the market as a whole goes down, this portfolio will suffer even though the companies selected may be good.

The fund manager can hedge this risk (called market risk) by selling short futures contracts on the FTSE 100 index. The exact mechanism is not so important as is the fact that the hedging position will make money for the fund if the index goes down in value.

This profit can be used to offset the losses in the portfolio, while the fund manager takes the profit or loss relating from the difference between the market's performance (captured by the hedging position) and that of the portfolio. This figure is similar to the fund's beta, or performance relative to the general market.

See also hedge fund

"Hedger" is generally used as a noun (proper) -- approximately 55.56% of the time. "Hedger" is used about 9 times out of a sample of 100 million words spoken or written in English. Its rank is based on over 700,000 words used in the English language. Some parts-of-speech are not covered due to the samples used by the British National Corpus. (note: percents less than one-hundredth of one percent have been omitted)

Parts of Speech	Percent	Usage per 100 Million Words	Rank in English
Noun (proper)	55.56%	5	157,705
Noun (singular)	44.44%	4	175,879
Total	100.00%	9	N/A

The following table summarizes the usage of "hedger" based on a population census conducted in the United States. Ranks and frequencies are based on all names reported and classified.

Name	Usage/Gender	Usage per 100 million Persons	Rank in USA
Hedger	Last name	300	27,598
Source: compiled by the editor from several corpora; see credits.

The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com.

Language		Translations for "hedger"; alternative meanings/domain in parentheses.
Danish		hækklipper med knivbjælke (cutter bar hedger, cutter bar type, reciprocating hedge cutter), hækklippemaskine (hedge cutter, hedgetrimmer, trimmer), risikoafdækning (coverage, covering operation, hedge, hedging). (various references)

Dutch		heggeschaar met snijbalk (cutter bar hedger, cutter bar type, reciprocating hedge cutter), heggeschaar (hedge clippers, hedge cutter, hedge shears, hedgetrimmer, trimmer). (various references)

French		hedger, tailleuse de haies � barre de coupe (cutter bar hedger, reciprocating hedge cutter), tailleuse de haies (hedge cutter, hedgetrimmer), opérateur en couverture, machine � tailler les haies (hedge cutter, hedgetrimmer), élagueuse (hedge cutter, hedgetrimmer). (various references)

German		Hedger, Heckenschneider mit Schneidbalken (cutter bar hedger, cutter bar type, reciprocating hedge cutter), Heckenschneidemaschine (hedge cutter, hedgetrimmer, trimmer), Rückversicherer (accepting company, alien company, reassurer, reinsurer), Absicherer. (various references)

Greek		αντισταθμιστής (trimmer), ψαλίδι φυτικών φρακτών με ράβδο κοπής (cutter bar hedger, cutter bar type, reciprocating hedge cutter), ψαλίδι φυτικών φρακτών (hedge cutter, hedgetrimmer, trimmer). (various references)

Italian		hedger, tosasiepe (hedge cutter, hedgetrimmer, trimmer), tagliatrice a barra per siepi (cutter bar hedger, cutter bar type, reciprocating hedge cutter), tagliatrice (hedge cutter, hedgetrimmer, trimmer), tagliasiepe a barra (cutter bar hedger, cutter bar type, reciprocating hedge cutter), tagliasiepe (hedge cutter, hedgetrimmer, trimmer), sfrondatrice (hedge cutter, hedgetrimmer, trimmer), operatore che si tutela da rischi. (various references)

Manx		cleighder (dyker). (various references)

Pig Latin		edgerhay

Portuguese		cortador de sebes de barra de corte (cutter bar hedger, cutter bar type, reciprocating hedge cutter), cortador de sebes (hedge cutter, hedgetrimmer, trimmer). (various references)

Romanian		Muncitor Care Face Garduri. (various references)

Russian		хеджер. (various references)

Spanish		hedger, recortadora de setos (hedge cutter, hedgetrimmer, trimmer), recortadora de barra de corte (cutter bar hedger, cutter bar type, reciprocating hedge cutter), operador de cobertura, cortadora de setos (hedge cutter, hedgetrimmer, trimmer). (various references)

Turkish		Tedbirli Kimse, Bahçıvan (gardener, horticulturist), Bağlantı Kurmak Ýstemeyen Kimse, Çalıları Budayan Kimse. (various references)

Vietnamese		người sửa dậu, người l� m h� ng r� o (fencer). (various references)
Source: compiled by the editor from various translation references.

Derivations
	Words beginning with "hedger": hedgerow, hedgerows, hedgers. (additional references)
Misspellings
	"Hedger" is suggested in spellcheckers for the following: hadge, Hadger, Hadjera, Hedberg, heder, hedg, Hegde, hege, hegner, heldge, hengwrt, herger, heuger, hieger, hodgart, Hoetger, wedger. (additional references)
Source: compiled by the editor, based on several corpora (additional references).

# of Phoneme Matches	Pronunciation	Word(s) rhyming with "hedger" (pronounced he"jer)
3	-e" j er	edger, ledger, Leger, Pledger.
Source: compiled by the editor (additional references); see credits.

Scrabble® Enable2K-Verified Anagrams
	Words within the letters "d-e-e-g-h-r"
	-1 letter: edger, greed, heder, hedge.
	-2 letters: deer, dere, dree, dreg, edge, eger, geed, ghee, gree, heed, herd, here, rede, reed.
	-3 letters: dee, edh, ere, erg, ged, gee, her, red, ree, reg.
	-4 letters: de, ed, eh, er, he, re.
	Words containing the letters "d-e-e-g-h-r"
	+1 letter: hedgers, hedgier.
	+2 letters: gathered, gheraoed, hardedge, headgear, hedgerow, hungered, rehanged, rehinged.
	+3 letters: delighter, freighted, greenhead, hardedges, headgears, hedgerows, lightered, rechanged, recharged, relighted, resighted, reweighed, roughened, skreeghed, skreighed.
	+4 letters: bighearted, bridgehead, brightened, delighters, dischargee, figurehead, frightened, garnisheed, greenheads, ingathered, loggerhead, neighbored, regathered, reshingled, roughhewed, teethridge, upgathered.
	+5 letters: bedrenching, bridgeheads, deciphering, demographer, dischargees, featheredge, figureheads, foresighted, forgathered, godfathered, grandnephew, groundsheet, harbingered, hedgehopper, hemorrhaged, hydrogenase, hydrogenate, loggerheads, nearsighted, neighboured, overcharged, overlighted, overnighted, overweighed, rehardening, rethreading, retightened, shepherding, slaughtered, teethridges, telegraphed, undercharge, underweight, wrongheaded.
Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.