The most common and most likely answer to this crossword clue is the 6 letter word HEDGED
I've seen this crossword clue in The Sunday Telegraph
H
E
D
G
E
D
More clues leading to the result HEDGED
- Worked in fields, but got laid off
- Minimised risks and sat on the fence
- Husband proceeded carefully, protected against loss
- Hospital proceeded with caution, sat on fence
- Hospital moved cautiously, so guarded against loss
- Henry's tense, head of department took no chances
- Acted evasively, being surrounded by bushes
Buddy explains!
The straight part
We know that "protected against loss" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case protected against loss = hedged.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does HEDGED mean?
HEDGED verb- To enclose with a hedge or hedges.
- To obstruct or surround.
- To offset the risk associated with.
- To avoid verbal commitment.
- To construct or repair a hedge.
- To reduce one's exposure to risk.
- Offset by another financial asset.