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Catchword for “take a haircut”
Catchword: take a haircut
Filed Under: , ,
Part of Speech: v. phr.
The part of speech reflects that used in the full entry, and not necessarily the part of speech as it is used in the quotation below.
Quotation: When securities are used, the brokerage firm take a “haircut” on their value. This means that, for capital purposes, they are valued at somewhat less than their market prices. How much less is up to the stock exchange.
Article or Document Title:
“On Wall Street, Some Fail, All Worry”
Author:
Terry Robards
Article, Document, Publication, Web Site:
New York Times
Date of Publication:
Aug. 16, 1970
Page Number:
3-6
This cite belongs to a full entry for take a haircut.
Posted 17 Aug 06 | Permalink | Tell a Friend

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