Definition of hedge fund noun from the Oxford Advanced Learner's Dictionary


hedge fund

BrE BrE//ˈhedʒ fʌnd//
; NAmE NAmE//ˈhedʒ fʌnd//
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an investment fund involving a group of people who take high risks with their investments in order to try and make a lot of money This month sees the launch of a hedge fund aimed at private investors.
See the Oxford Advanced American Dictionary entry: hedge fund