A fork of Rural Dictionary
n. 1. A means of protection against financial loss. 2. A securities transaction designed to reduce the risk of an existing position. v. To minimize potential loss by counterbalancing one transaction, such as a bet, against another.
We can hedge the 04 convertable paper by going short the common stock.
Meaning awesome, cool, killer, sweet, good, very nice. Usually pertaining to someone or something looking or seeming "Hedge".
Wow! You look pretty HEDGE today, dude!
When you stop at the bar to fit that last quick beer in and as your done chugging it and you're walking out you "verp" some in to your own hand, but not wanting to get it on the floor you just slurp it out of your own hand.
He chugged that last beer and on the way out he "hedged it."