Source : Webster's Revised Unabridged Dictionary (1913)

Hedge \Hedge\, n. [OE. hegge, AS. hecg; akin to haga an
   inclosure, E. haw, AS. hege hedge, E. haybote, D. hegge, OHG.
   hegga, G. hecke. [root]12. See {Haw} a hedge.]
   A thicket of bushes, usually thorn bushes; especially, such a
   thicket planted as a fence between any two portions of land;
   and also any sort of shrubbery, as evergreens, planted in a
   line or as a fence; particularly, such a thicket planted
   round a field to fence it, or in rows to separate the parts
   of a garden.

         The roughest berry on the rudest hedge.  --Shak.

         Through the verdant maze Of sweetbrier hedges I pursue
         my walk.                                 --Thomson.

   Note: Hedge, when used adjectively or in composition, often
         means rustic, outlandish, illiterate, poor, or mean;
         as, hedge priest; hedgeborn, etc.

   {Hedge bells}, {Hedge bindweed} (Bot.), a climbing plant
      related to the morning-glory ({Convolvulus sepium}).

   {Hedge bill}, a long-handled billhook.

   {Hedge garlic} (Bot.), a plant of the genus {Alliaria}. See
      {Garlic mustard}, under {Garlic}.

   {Hedge hyssop} (Bot.), a bitter herb of the genus {Gratiola},
      the leaves of which are emetic and purgative.

   {Hedge marriage}, a secret or clandestine marriage,
      especially one performed by a hedge priest. [Eng.]

   {Hedge mustard} (Bot.), a plant of the genus {Sisymbrium},
      belonging to the Mustard family.

   {Hedge nettle} (Bot.), an herb, or under shrub, of the genus
      {Stachys}, belonging to the Mint family. It has a
      nettlelike appearance, though quite harmless.

   {Hedge note}.
   (a) The note of a hedge bird.
   (b) Low, contemptible writing. [Obs.] --Dryden.

   {Hedge priest}, a poor, illiterate priest. --Shak.

   {Hedge school}, an open-air school in the shelter of a hedge,
      in Ireland; a school for rustics.

   {Hedge sparrow} (Zo["o]l.), a European warbler ({Accentor
      modularis}) which frequents hedges. Its color is reddish
      brown, and ash; the wing coverts are tipped with white.
      Called also {chanter}, {hedge warbler}, {dunnock}, and
      {doney}.

   {Hedge writer}, an insignificant writer, or a writer of low,
      scurrilous stuff. [Obs.] --Swift.

   {To breast up a hedge}. See under {Breast}.

   {To hang in the hedge}, to be at a standstill. ``While the
      business of money hangs in the hedge.'' --Pepys.

Hedge \Hedge\, v. i.
   1. To shelter one's self from danger, risk, duty,
      responsibility, etc., as if by hiding in or behind a
      hedge; to skulk; to slink; to shirk obligations.

            I myself sometimes, leaving the fear of God on the
            left hand and hiding mine honor in my necessity, am
            fain to shuffle, to hedge and to lurch. --Shak.

   2. (Betting) To reduce the risk of a wager by making a bet
      against the side or chance one has bet on.

   3. To use reservations and qualifications in one's speech so
      as to avoid committing one's self to anything definite.

            The Heroic Stanzas read much more like an elaborate
            attempt to hedge between the parties than . . . to
            gain favor from the Roundheads.       --Saintsbury.

Hedge \Hedge\, v. t. [imp. & p. p. {Hedged}; p. pr. & vb. n.
   {Hedging}.]
   1. To inclose or separate with a hedge; to fence with a
      thickly set line or thicket of shrubs or small trees; as,
      to hedge a field or garden.

   2. To obstruct, as a road, with a barrier; to hinder from
      progress or success; -- sometimes with up and out.

            I will hedge up thy way with thorns.  --Hos. ii. 6.

            Lollius Urbius . . . drew another wall . . . to
            hedge out incursions from the north.  --Milton.

   3. To surround for defense; to guard; to protect; to hem
      (in). ``England, hedged in with the main.'' --Shak.

   4. To surround so as to prevent escape.

            That is a law to hedge in the cuckoo. --Locke.

   {To hedge a bet}, to bet upon both sides; that is, after
      having bet on one side, to bet also on the other, thus
      guarding against loss.

Source : WordNet®

hedge
     n 1: a fence formed by a row of closely planted shrubs or bushes
          [syn: {hedgerow}]
     2: any technique designed to reduce or eliminate financial
        risk; for example, taking two positions that will offset
        each other if prices change [syn: {hedging}]
     3: an intentionally noncommittal or ambiguous statement; "when
        you say `maybe' you are just hedging" [syn: {hedging}]

hedge
     v 1: avoid or try to avoid fulfilling, answering, or performing
          (duties, questions, or issues); "He dodged the issue";
          "she skirted the problem"; "They tend to evade their
          responsibilities"; "he evaded the questions skillfully"
          [syn: {fudge}, {evade}, {put off}, {circumvent}, {parry},
           {elude}, {skirt}, {dodge}, {duck}, {sidestep}]
     2: hinder or restrict with or as if with a hedge; "The animals
        were hedged in"
     3: enclose or bound in with or as it with a hedge or hedges;
        "hedge the property" [syn: {hedge in}]
     4: minimize loss or risk; "diversify your financial portfolio
        to hedge price risks"; "hedge your bets"