According to the text, a futures contract on one financial instrument to protect a position in a different financial instrument is known as

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The term "cross-hedging" refers to the practice of hedging a position in one financial instrument using a futures contract on a different financial instrument. This is done in order to mitigate the risk of price movements in the original instrument, by taking a position in a related but different instrument that is expected to move in a similar way.  Ratio hedging involves adjusting the number of futures contracts used in a hedge based on the ratio between the value of the underlying asset and the value of the futures contract, while basis hedging is focused on mitigating the risk of movements in the difference between the spot price of an asset and the price of a futures contract on that same asset. "Liquid hedging" is not a commonly used term in finance, and is not related to futures contracts or hedging strategies.

According to the Text, a Futures Contract on One Financial