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Related to Tail: Long tail, wet tail


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


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.


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 ?
The experts have named the newly discovered species Chimerarachne yingi, with the genus name coming from the fire-breathing chimera in Greek mythology that had the head of a lion, the body of a goat and the tail of a serpent.
My own cat had to have her tail removed after an accident and she was OK, as are many of my patients when this is necessary.
The unusual items appeared in the store this week and have been promoted across Facebook as a daring new fashion range, with items including fox, leopard and even dinosaur tails available to buy.
Using a tail the right way in a hop-swing kind of gait, however, lets little fish called mudskippers, as well as a dune-invading robot, get going on slippery slopes, Goldman and collaborators report in the July 8 Science.
With the Twitchy Kitty cat tail and ears, manufactured by ThinkGeek, you can dress up as a feline and purr just like them.
When the insurer of the physician provides tail coverage it is done by endorsement to the policy by adding and Extended Reporting Endorsement to the policy thereby accomplishing an extension of time to report claims that have already occurred, but not yet reported.
The most prominent tail on the May meridian is the long one of Ursa Major, the Great Bear.
To better study how the seahorse tail works, Porter and his team designed and built two artificial exoskeletal tails--one made up of four, overlapping L-shaped plates like a seahorse tail, and a similar one made with quarter-circles instead of right angles.
A frightened animal may draw its tail between its legs, or it may turn tail and run.
Caudal autotomy describes the process whereby many reptiles lose or drop a part of their tail due to predator attack or spontaneous contraction of tail muscles (Bateman and Fleming 2009; Wilson 2012; Cogger 2014).
Non-strategic tail spend presents a challenge for most procurement organizations.