Wiktionary
a. (context finance English) Not hedged; not offset or counterbalanced
Usage examples of "unhedged".
Sharpe urged his horse down the rutted lane that dropped into a shallow valley before climbing between two unhedged pastures.
The wood ended at a wheat field that sloped downhill to the unhedged road from which the dust was rising to hang in the hot air.
The road was unhedged, running between wide strips of rank grass in which wood garlic, foxgloves, columbine and yellow archangel grew.
Next day, they went abroad to a little place not far from Fecamp, in that Normandy countryside where all things are large--the people, the beasts, the unhedged fields, the courtyards of the farms guarded so squarely by tall trees, the skies, the sea, even the blackberries large.