haircut

CEFRA2

/ˈhɛə(ɹ)kʌt/

noun

Türkçe translations

Translating…

In plain English

01
noun
The style or act of cutting someone's hair.
02
noun
Extra detail
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 o...

Examples

It's high time you had a haircut.
You need not have a haircut this week.

At a glance

Sits at A2 on the CEFR scale

Senses: 5
Parts of speech: 1
Citations: 5
Synonyms: 2

Deep Dive

noun

Extra meanings

The style into which the hair is cut.
The act of cutting of the hair, often done professionally by a barber, hair stylist, or beautician.
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.

More examples

In context

to take a haircut
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.
The CFTC also permits FCMs to accept non-cash, non-security assets, but these must be "haircutted"--to 80 percent of their value.

Quick test

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Question 1 · Quick check

After months of waiting, the stylist gave me a blank with scissors.

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Nearby

Citations

The word in print, with each source given in full.

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 January 17, Thomas L. Friedman, “Haircut Time”, in The New York Times, →ISSN
Its president, Nestor Kirchner, was expected to confirm overnight that about 75% of the country's bondholders had agreed to swap their old debt for new at a loss of up to 70 cents in the dollar—also a record and one that Mr Kirchner has called “the biggest haircut in history” for investors.
2005 March 4, Ashley Seager, “Argentina says debt default is over”, in The Guardian
Something similar was happening at the same time in Greece. In the spring of 2012 Greece's public debt did, eventually, take a haircut, confirming that an unpayable debt will receive a haircut whatever the dogmas of European officials.
2016, Yanis Varoufakis, And the Weak Suffer What They Must? […] , Hachette UK, →ISBN
And there is a growing consensus that it is finally time for founders to swallow their pride, accept a huge haircut to valuation and help establish a new floor for their stock to start growing again, helping to encourage all the companies coming up behind them to do the same.
2024 March 16, Tabby Kinder, “Reddit IPO reveals reality check for Silicon Valley”, in FT Weekend (Companies & Markets section), London: The Financial Times Ltd., →ISSN, →OCLC, page 14
Government securities having high credit rating such as Treasury bonds and Treasury bills are usually subjected to 1% to 10% haircut, while for more risky, volatile or illiquid securities, such as a stock option, the haircut might be as high as 30%.
2012, Samuel N. Cohen et al., editors, Stochastic Processes, Finance and Control […] , World Scientific, →ISBN, page 190

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Origin

noun

From hair + cut.

Deep Dive

noun

More examples

Related

Quick test

After months of waiting, the stylist gave me a blank— with scissors.

Nearby

Origin

noun

After months of waiting, the stylist gave me a blank with scissors.