DICTIONARY · CC-CEDICT

套期保值

Mandarin · pinyin tào qī bǎo zhí

to hedge (one's bets)
to defend against risk

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Characters in this entry

套: tào · case, cover, wrapper, envelope
期: qī · period of time; date; time limit
保: bǎo · protect, safeguard, defend, care
值: zhí · price

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Mandarin tones

4–1–3–2 · tao4 qi1 bao3 zhi2

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Follow a written form into the eight pinned witnesses: Analects, Mencius, Laozi, Zhuangzi, Xunzi, Han Feizi, Sunzi and the Mao Shijing. A match is a place to investigate; it does not prove that a modern dictionary sense fits the passage.

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