This clue appeared in the NYT Crossword on Saturday, February 7, 2026 (39 Across). The answer is hidden below until you want it. Saturday puzzles are the hardest of the week and themeless, so clues are often deliberately misleading.
Answer length: 5 squares
First letter
H _ _ _ _
First and last letters
H _ _ _ E
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About the answer
HEDGE as a word: (finance) Contract or arrangement reducing one's exposure to risk (for example the risk of price movements or interest rate movements); (transitive, finance) To offset the risk associated with.
HEDGE has been an answer 2 times in the NYT Crossword and Mini since November 24, 2025.
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