Skip to main content

Why are bond holders getting hair cuts?

A 'haircut' is a loss in the value of an investment or security: see here for an example.The term is currently in the news as those bond holders who lent money to the Greek government face large losses

Looks like the European banks are going to be wearing their hair very short this year!
Labels:

Comments

Post a Comment

Popular posts from this blog

Which countries do not have an official language?

According Henry Hitchings Language Wars (2011) these nations do not currently have an official primary language: UK see hereUSAthough 20 states now have an official language — see hereAustralia 80% speak English but not officialPakistan Urdu became official language in 2015 but  only spoken by 8% of population.EthiopiaAmharic is official language but most spoken is OromoSomaliaEritrea Costa Rica Why these countries?Read extended transcript on Medium 

About the English Language - Teaching Pack- only £2.99
5 comments
Read more

Why is English not the official language of England?

58 countries list English as an official language - but not the UK. 
Post a Comment
Read more

Why does the USA not have an official language?

58 countries have English as an official language - but not the USA. 
Post a Comment
Read more