3 ms·
Haircut..? Is this some meme I don't know?
by halefx 15y ago
Haircut..? Is this some meme I don't know?
- brown9-2 15y agoNot a meme, it's a common euphemism for taking less than the full amount on a payment: http://en.wikipedia.org/wiki/Haircut_(finance) http://en.wikipedia.org/wiki/Haircut_(finance) For example, "The bondholders will have to agree to take a large haircut in order for the Greek debt restructuring agreement to go through."