Not 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/wi

Not 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."