Tail

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Related to tail down: high-tail, curtailing

Tail

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

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

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.
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 ?
In fact, its 1G weight is no longer 2000 lbs as some may believe--the greater tail down force increases the airplane's total weight force to 2040 pounds.
If he whines because of car or motion sickness, he will probably have his ears down, tail down if not tucked and his body generally lowered.
Bill, of Basingstoke, Hants, brought down the aircraft over tree tops and landed tail down to prevent the wings from combusting.
With the carp's tail down more than up, I had to fix some landmarks and ease forward cautiously as if I was stalking a wary mule deer instead of a fish.
Last week Kinda Ready got one of his faster starts and was on Tyrur Big Mike's tail down the far side before unleashing his traditional finishing burst.
Is her tail up, head up and alert, or is she subdued, tail down, head down mad dragging, or is she fearful, tail down, looking around with sort of a freaked out expression?
Bringing the hook out short is just as bad, because it forces the tail down at an angle.