Debt vs Haircut - What's the difference?
debt | haircut |
An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
* 1589 , (William Shakespeare), Henry IV, Part I , act 1, sc. 3,
* 1850 , (Nathaniel Hawthorne), (The Scarlet Letter) , ch. 14,
The state or condition of owing something to another.
Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
* 1919 , (Upton Sinclair), Jimmie Higgins , ch. 15,
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
, title= (legal) An action at law to recover a certain specified sum of money alleged to be due.
The act of cutting of the hair, often done professionally by a barber, hair stylist, or beautician.
The way hair is cut.
(legal) 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.
In lang=en terms the difference between debt and haircut
is that debt is an action at law to recover a certain specified sum of money alleged to be due while haircut is 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.As nouns the difference between debt and haircut
is that debt is an action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another while haircut is the act of cutting of the hair, often done professionally by a barber, hair stylist, or beautician.debt
English
(wikipedia debt)Alternative forms
* (l) (obsolete)Noun
(en noun)- Revenge the jeering and disdain'd contempt
- Of this proud king, who studies day and night
- To answer all the debt he owes to you
- Even with the bloody payment of your deaths.
- This long debt of confidence, due from me to him, whose bane and ruin I have been, shall at length be paid.
- Bolsheviki had repudiated the four-billion-dollar debt which the government of the Tsar had contracted with the bankers.
Engineers of a different kind, passage=Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.}}
- (Burrill)