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Noun: haircut  'hehr,kút
  1. The style in which hair has been cut
    "He got a short, military-style haircut before joining the army"
     
  2. The act of cutting the hair
    "His monthly haircut kept him looking neat and professional"
     
  3. A reduction in the value of an asset, esp. a reduction in debt
    "The company's creditors agreed to take a haircut on their loans to avoid bankruptcy"

Derived forms: haircuts

Type of: coif, coiffure, cut, cutting, do [informal], hair style, hairdo [informal], hairstyle

Encyclopedia: Haircut