SolvedVATFIN9340 | Glossary of terms: H
From HM Revenue & Customs · VAT Finance Manual
| Hard Currency | Simply the currency of any foreign country for which there is a greater demand than the currency of your own country. |
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| 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 | The laying off of, or protection from, risk in an attempt to fend off market fluctuations. |
| High Coupon | Yielding a high rate of interest. |