Tail

(redirected from tail off)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.
Related to tail off: scut, turn tail, come in handy

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 ?
This report expects value growth in the CCTV market to tail off before 2008, owing to market maturity, falling prices and more economical methods of installation.
9 hitter with two out after you worked your tail off to get that second out," Weaver said.
5 billion but will tail off after that; while spend on business data networking services will increase from EUR23.
But there is no doubt that the ensemble works its collective tail off, and any slow spots are livened up by an acrobatic elf named Dizzy (sadly uncredited in the program) who engages the audience at every opportunity.
However, that volume began to tail off at the end of 2001 because of the events surrounding Sept.