From Longman Dictionary of Contemporary Englishhedge fundˈhedge ˌfund noun [countable] an organization that makes investments for people and organizations with large amounts of money, not the general public, in ways that often involve big risks From Longman Business Dictionaryhedge fundˈhedge fund [countable]FINANCE a fund that makes investments that are unlikely to fall in value as well as in those that go up or down in value, to reduce the risk of losing a lot of moneyHe manages a $40 million hedge fund. → fund
