hedge fund
A fund that is allowed to employ aggressive investment strategies, such as short selling, options, and program trading, which are prohibited in mutual funds. Hedge funds typically require a minimum investment of several hundred thousand dollars, limiting participation to high-net worth individual investors and institutions. See private investment fund.
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high water mark
prime brokerage
Morningstar, Inc.
prime broker
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future value
Securities Investor Protection Act of 1970
conditions of employment
short-term debt
premium income