An online glossary of hedge fund slang and terminology.

Welcome to the Book of Jargon® – Hedge Funds. This guide is intended to assist the newest members of the hedge fund community to learn how to talk the talk of hedge funds. It is intended to be a useful tool for recent law school and business school graduates seeking initiation into the industry and a desktop reference for not-so-recent graduates. In this book, you will find the keys to the secret verbal handshakes that make up the code of the hedge fund community.

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This Book of Jargon® is one of a series of practice area and industry-specific glossaries published by Latham & Watkins. The terms are also subject to change as applicable laws and customary practice evolve.