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Haircuts?

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shandon18 | 14:08 Thu 02nd Jun 2011 | Business
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I have heard financial pundits referring to companies and/or countries having to take a 'haircut'. What does this term refer to??
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See here:
http://www.doubletong...onary/take_a_haircut/

Chris
19:51 Thu 02nd Jun 2011

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Haircuts?

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