hedge
Defined in 1 place of the United States Code.
The term “hedge” means any position which manages the dealer's risk of interest rate or price changes or currency fluctuations, including any position which is reasonably expected to become a hedge within 60 days after the acquisition of the position.
Source
- 1999–present26 U.S.C. § 475Internal Revenue Code · Mark to market accounting method for dealers in securities · for purposes of this section
The term “hedge” means any position which reduces the dealer's risk of interest rate or price changes or currency fluctuations, including any position which is reasonably expected to become a hedge within 60 days after the acquisition of the position.
Source
- 1994–199926 U.S.C. § 475Internal Revenue Code · Mark to market accounting method for dealers in securities · for purposes of this section