Yes, hedge is a Scrabble word!

Verb

1. Avoid or try to avoid fulfilling, answering, or performing (duties, questions, or issues)

2. Hinder or restrict with or as if with a hedge

3. Enclose or bound in with or as it with a hedge or hedges

4. Minimize loss or risk

Noun

1. A fence formed by a row of closely planted shrubs or bushes

2. Any technique designed to reduce or eliminate financial risk; for example, taking two positions that will offset each other if prices change

3. An intentionally noncommittal or ambiguous statement