Tail

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Tail

The remaining reserves after a project financing has been repaid. Sometimes refers to the residual value.

Tail

1. In a bond auction, the difference between the lowest bid and the average bid in the auction.

2. In a quote, the cents rather than the whole dollar amount. For example, in the quote $32.59, tail is 59 cents. This term is most common in new issues of a security.

3. See: Residual Value.

tail

1. In a bid for a new security issue, the portion of the bid price that follows the decimal. For example, a bid of $92.125 has a tail of .125.
2. The difference between the average bid and the lowest bid at an auction for Treasury securities.
References in periodicals archive ?
Delayed anterior decompression in patients with spinal cord and cauda equina injuries of the thoracolumbar spine.
Sialic acid contents of the testis, cauda epididymides, seminal vesicles and ventral prostate were depleted.
Reduction in sperm counts in testes and cauda epididymides may also be due to suppression of gonadotropic hormone after treatment (Bastias et al.
Cauda equina syndrome is characterized by lower extremity weakness or paralysis, bowel or bladder sphincter dysfunction, and saddle anesthesia.
The race is named after the former Channon-trained gelding Cauda Equina who scored seven successes around the Bath track during his racing career.
The race is named after the former Mick Channon-trained gelding Cauda Equina who scored seven successes around the Bath track during his racing career.
Sprint veteran Cauda Equina can capture the race in his honour, the Cauda Equina Handicap, at Bath tomorrow night to record his eighth success at the Somerset course.
The pair both missed the success, preferring to see Foy's Cauda Equina at Bath.
Sperm count in the cauda epididymidis did not change in 1,2,3,4,6,7-HxCN-treated rats on postnatal day 89, the age of sexual maturity, but the sperm count in the cauda epididymidis did increase to approximately 180% of the control value on postnatal day 62.