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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 ?
Left over is a slurry of tailings that is stored in ponds where it eventually solidifies.
We've done more reclamation of mine tailings than anyone in Canada," says Puro.
For many years, Ergo has been successfully involved in the hydraulic recovery of tailings from East Rand mines.
Gold bearing waste tailings are materials that remain from previous gold mining operations that pose threats to the environment and health of nearby communities.
In response, oil sands producers Canadian Natural Resources, Imperial Oil, Shell Canada, Suncor Energy, Syncrude Canada, Teck Resources and Total E&P Canada established the Oil Sands Tailings Consortium in late 2010, described at the time as a unified effort to advance tailings management by making tailings-related technical information more broadly available to interested parties and eliminating financial and intellectual-property roadblocks that might prevent tailings management advances.
Besides enhancing vegetation growth, paper sludge also minimizes erosion of the tailings caused by winter and water, reduces acid generation and runoff, and lowers metal concentrations in vegetation and pore water.
Sego is a University of Alberta engineering professor and the principal investigator at the University of Alberta's Oil Sands Tailings Research Facility, a unique academic and industrial research facility dedicated to collaborative and multidisciplinary oil sands tailings research.
The prime goal of the reclamation process is to bring about the immediate establishment of a permanent, self-sustaining, maintenance-free vegetation cover for an old tailings site.
ERG's gold tailings reclamation idle for at least all of this year
WALLACE, Idaho -- Sterling Mining Company (OTC:SRLM) is pleased to provide an update on the activities at its Barones project, a silver tailings recovery project in Zacatecas, Mexico.
Macassa, in continuous production since 1933, is expected to contribute 85,000 ounces of gold in 1990, while the adjacent Lake Shore tailings project will add another 13,000 ounces.
9 million tons of radioactive uranium mill tailings from the banks of the Colorado River at Moab, Utah.