Haircut (finance)

From Citizendium
Revision as of 10:47, 29 November 2010 by imported>Nick Gardner (New page: {{subpages}} <!-- Text is transcluded from the Haircut (finance)/Definition subpage-->)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Haircut (finance) [r]: (i) A percentage that is subtracted from the par value of the assets that are being used as collateral (for example, the commission that is charged on a repo transaction). (ii) In a debt restructuring agreement, the percentage reduction in the amount of debt that is due to be repaid to the creditors. [e]

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.