Cover

外汇网2021-06-19 14:37:15 88

The act of completing a transaction in order to remove any obligations.

Cover is a general term used in many different instances. For instance, an investor that recently purchased a security will have to cover the purchase by depositing the necessary funds. Or, an investor may wish to cover his/her short position by purchasing the stock. Additionally, a portfolio manager may wish to cover his/her risk exposure by buying an offsetting position.

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