Haircut Definition

hârkŭt
haircuts
noun
A cutting or clipping of the hair of the head.
Webster's New World
The style in which the hair is cut.
Webster's New World
A reduction, as in payment or value.
American Heritage
A financial loss, esp. a substantial one.
Webster's New World

(law) In a bankruptcy proceeding, the proportional reduction in the debt that will be paid to each creditor, based on an evaluation of the total debt owed and the total assets of the debtor.

Wiktionary
Synonyms:

Other Word Forms of Haircut

Noun

Singular:
haircut
Plural:
haircuts

Origin of Haircut

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