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HMRC internal manual

VAT Finance Manual

HM Revenue & Customs
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Glossary of terms: H

Hard Currency Simply the currency of any foreign country for which there is a greater demand than the currency of your own country.
Hedge Fund A fund able to invest using relatively high-risk strategies - derivatives, short selling etc. Can potentially profit from falling markets. Generally located offshore.
Hedging The laying off of, or protection from, risk in an attempt to fend off market fluctuations.
High Coupon Yielding a high rate of interest.