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Related to tail biting: tail docking


The remaining reserves after a project financing has been repaid. Sometimes refers to the residual value.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Farmers who are concerned about tail biting can keep an eye out for increases in these signs, and then preempt damaging outbreaks by taking action.
Prevention and treatment of tail biting in weaned piglets.
tail biting, behaviour redirected towards materials or substrate, play behaviour.
When genetic lines predisposed cannibalism are uncomfortable, they will begin tail biting. When tail biting occurs, the pigs' tails or tail stumps (if docked) will be down, rather than in the usual up position.
Older reports from the United Kingdom showed that the incidence of tail biting was 10% to 12% among undocked pigs (Penny and Hill, 1974).
There was a high level of tail biting regardless of which enrichment pigs used or what level of dietary fibre they had.
Pigs fed with higher dietary fibre performed more tail biting and had slightly worse lesions.