VATFIN9340 - Glossary of terms: H

Hard Currency Simply the currency of any foreign country for which there is a greater demand than the currency of your own country.
Hedge Fund A fund able to invest using relatively high-risk strategies - derivatives, short selling etc. Can potentially profit from falling markets. Generally located offshore.
Hedging »Ê¹ÚÌåÓýapp laying off of, or protection from, risk in an attempt to fend off market fluctuations.
High Coupon Yielding a high rate of interest.