| 单词 | haircut |
| 释义 | haircut haircut /; AmE / noun [sing.]
1 a reduction, especially in an amount of money: Most of the Internet-related stocks took a haircut (= lost value) yesterday. If a rescue package cannot be put together, the financial sector will take a haircut of epic proportions.
2 (Finance ) an amount of money that dealers take off the price that they pay for shares, bonds, etc. or add to the price that they sell them for, which pays their fee: A haircut of 2.5 per cent is applied to each buy/sell-back transaction.
haircut verb [+ obj]: Clearing organizations currently require clearing members to haircut securities deposited to meet margin obligations. |
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