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Meaning of “currency hedge” in the English Dictionary

"currency hedge" in Business English

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currency hedgenoun [C]

an ​agreement to ​buy a ​currency at a particular ​rate in the future. Companies that ​exportgoods use ​currencyhedges to be ​certain about the ​amount they will receive for particular ​goods when they ​deliver them: The ​currencyhedge had been intended to ​protect the ​company against a ​sharprise in the ​value of the ​pound against the ​euro.
currency hedging
noun [U]
The ​company is happy with its ​currencyhedgingstrategy, which has helped ​offset the ​impact of the ​weaker US ​dollar.
(Definition of currency hedge from the Cambridge Business English Dictionary © Cambridge University Press)
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“currency hedge” in Business English

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