Tail

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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 ?
With the same solution as (1), the relationship between [c.sup.r.sub.2] and the interval nonprobabilistic reliabilities of the tailing dam is obtained, as the solid red circle shown in Figure 6(a).
Covering rocks and tailings, for example, may not prevent oxygen from reacting to sulfides in the rocks, he says.
The slump of C30 and C50 concrete increases with the addition of iron tailings powder.
was prepared to voluntarily stop operations should it fail to convince villagers about the need to increase the height of its tailings ponds.
After the recent successful commissioning of their latest paste systems in Tanzania and Sweden, the company is presently designing tailings paste production plants for operations in Alaska, New Caledonia, Montana and Canada.
In 1953, the McLaren Gold Mining Company's last year of operation, the Anaconda Company reported on the mine and mill after it was offered to them for purchase: "Tailings pond overflow has been a problem for the mine as the pollution of Soda Butte Creek causes trouble with park authorities.
80% of uranium tailings in the town of Mailuu-Suu were moved to a safe area, Zairbek Kiraliev, engineer of the emergency prevention project of the Kyrgyz Ministry of Emergencies, said.
Through a process called cold-bond tailings agglomeration (CBTA), several types of wastes have been physically and chemically altered into a less reactive and more easily-handled state.
South Africa, as a major mining country, has to accommodate for the disposal of vast tonnages of mine tailings. In fact, the CSIR reports that South Africa's national waste stream (excluding recycled paper, glass, plastics and metals) amounts to almost 370 Mt/y and mining accounts for the vast majority.
The European Bank for Reconstruction and Development provided a grant for remediation of tailings in Kyrgyzstan, Vice Prime Minister Kubatbek Boronov said at the meeting of the parliamentary committee for fuel and energy comples and mining today.