to be a hedge against sth
11Diego Garcia — For other uses, see Diego Garcia (disambiguation). Diego Garcia IATA: NKW – ICAO: FJDG Summary …
12bet — bet1 S1 [bet] v past tense and past participle bet present participle betting 1.) [I and T] to risk money on the result of a race, game, competition, or other future event →↑gamble ▪ How much do you want to bet? bet (sb) that ▪ He bet me £10 that …
13low — low1 W1S1 [ləu US lou] adj comparative lower superlative lowest ▬▬▬▬▬▬▬ 1¦(small amount/level/value)¦ 2¦(height)¦ 3¦(standards/quality)¦ 4¦(supply)¦ 5¦(sound)¦ 6¦(light)¦ 7¦(heat)¦ 8¦(batt …
14convergence — A term referring to cash and futures prices tending to come together ( i.e., the basis approaches zero) as the futures contract nears expiration. Chicago Board of Trade glossary The coming together of futures prices and cash market prices on the… …
15govern — gov‧ern [ˈgʌvən ǁ ərn] verb 1. [intransitive, transitive] to officially and legally run a country and make decisions about taxes, laws, public services etc: • the politicians who govern the country • A small military elite has been governing for… …
16low — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ all time, new, record ▪ The pound has hit a new low against the dollar. VERB + LOW ▪ fall to, hit …
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