Sekirov Dictionary

haircut

/ˈhɛə(ɹ)kʌt/

noun 4
verb 1
forms 3

noun4

a time when someone's hair is made shorter, usually in a shop
The style into which the hair is cut.
•
A partial loss, financially: thus, in a bankruptcy proceeding, the proportional reduction in the debt that will be paid to each creditor (based on an evaluation of the total debt owed and the total assets of the debtor); among investors, the negative return on investment from a losing proposition.
- And he needs to make sure that any American bank that was involved in loans to Asia, and now wants to share in the I.M.F. bailout, takes a haircut. And I'm not just talking about a trim. — 1998
The difference between the value of a loan and the value of its collateral.

verb1

•
To reduce the value assigned to an asset.
- That is because the future stream of income is discounted to present value at perhaps as much as two to three percentage points above the prime rate and then haircutted by as high as 33½%. — 1983

forms

haircutted · haircutting · haircuts

This dictionary works without the internet: on your phone · in Chrome