money market hedge
Definition
Borrowing and lending in multiple currencies, for example to eliminate currency risk by locking in the value of a foreign currency transaction in one's own country's currency.
Use money market hedge in a sentence
“ You should try to take on a money market hedge if you think that would be the most profitable way for you to proceed. ”
“ The money market hedge was a really cool thing to me and I wanted to make sure that everything was working well together. ”
“ My boss asked me to work with our bankers in New York to buy several different foreign currencies in order to add a money market hedge to our portfolio. ”
