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What is a 'hair cut' for a financial trader?

A 'haircut' is a loss in the value of a security: see here for an example.The term is currently in the news as bond holders face having to write-off a large percentage of the money owed by the Greek government.

Looks like the European banks are going to be wearing their hair very short this year!
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  1. So good topic really i like any post talking about Ancient Greece but i want to say thing to u Ancient Greece not that only ... you can see in Ancient Greece Demography and the Spartan Economy and more , you shall search in Google and Wikipedia about that .... thanks a gain ,,,

    ReplyDelete

  2. Smart post admin but i think you need more explanation and more Pics
    and I hope to visit my blog and subscribe to me :)
    Ancient Greece Timeline and Ancient Greece Government

    ReplyDelete

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