unhedged

/ʌnˈhɛdʒd/
adjective
  1. Not protected against financial risk or loss; not using a hedge in investing.
    • He preferred unhedged positions because he believed the market would rise.
    • An unhedged investment in foreign currency can be very risky.
    • The fund remained unhedged, exposing it to market fluctuations.
  2. Not surrounded or separated by a hedge (a row of shrubs).
    • They bought an unhedged property and planted a fence later.
    • The unhedged field stretched all the way to the river.
    • The garden was unhedged, so neighbors could see right through.
What does "unhedged" mean? | whatsthatwordmean | whatsthatwordmean