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Hedging

Ballentine's Law Dictionary · James A. Ballentine · 1916

Ballentine's Law Dictionary

A means by which collectors and exporters of grain or other products, and manufacturers who make contracts in advance for the sale of their goods, secure themselves against the fluctuations of the market by counter contracts.

198 U. S. 236, 49 L. Ed. 1031, 25 Sup. Ct. Rep. 637.