Thursday, February 07, 2013

Haircut 02/07/2013 GFX Definition of the Day

#LetsGetWordy #dailygfxdef #Haircut

  Let's Get Wordy!®

Haircut 02/07/2013 GFX Definition of the Day hair·cut noun /ˈheərˌkət/  haircuts, plural The style in which a person's hair is cut An act of cutting a person's hair A reduction in the stated value of an asset in order to determine the collateral or market value The amount, usually a percentage, by which an asset is reduced - what is the haircut on Foreign Denominated Securities Positions for the Euro? Any ad hoc reduction in value - if you paid in dollars, they were going to give you a haircut of about 20 percent #LetsGetWordy #dailygfxdef #Haircut
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