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perestroika
perf.
perfect
perfect binding
perfect capital market
perfect competition
perfect game
perfect gas
perfect hedge
perfect number
perfect participle
perfect pitch
perfect rhyme
perfect square
perfect title
perfecta
perfected first lien
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perfect hedge
per·fect hedge (plural per·fect hedg·es)


noun 
Definition:
 
counterbalancing asset with matching price change: an asset whose price behavior exactly matches that of an asset with a fluctuating value against which an investor is seeking protection
Encarta® World English Dictionary [North American Edition] © & (P)2007 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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