What does side pocket mean?

Definitions for side pocket
side pock·et

This dictionary definitions page includes all the possible meanings, example usage and translations of the word side pocket.

Princeton's WordNet

  1. side pocketnoun

    a pocket on the side of a billiard table

ChatGPT

  1. side pocket

    A side pocket is a financial term primarily used in hedge fund investing. It's a separate account within a hedge fund where illiquid, hard-to-value, or long-term investments are placed. It separates these problematic assets from the general portfolio, allowing for normal operation and easier valuation of that portfolio. Investors interested in these assets will typically have separate liquidity terms, often having to wait longer to realize a return. Side pockets are designed to prevent redemption requests from forcing the premature sale of illiquid securities at steep discounts.

Wikidata

  1. Side Pocket

    Side Pocket is a pocket billiards video game originally released into arcades by Data East in 1986. The arcade version was eventually ported to six home console platforms and two sequels to the game were produced. G-Mode currently owns the intellectual property rights to the Side Pocket series, and licenses these games globally.

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Numerology

  1. Chaldean Numerology

    The numerical value of side pocket in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of side pocket in Pythagorean Numerology is: 8

Examples of side pocket in a Sentence

  1. Ryan McNelley:

    That's how hedge funds have dealt with these types of situations in the past, a side pocket where they don't get fees based on valuation is one potential way to isolate the problem.

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"side pocket." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/side+pocket>.

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