Glossary
Haircut
A haircut is the discount applied to an asset's value when it is used as collateral or measured for risk.
Plain-English meaning
Haircut is used here to describe value discount. In the daily board, the word is grouped by the role it performs rather than by spelling or market popularity.
You may encounter it in a product interface, technical document, risk report, policy paper, or market dashboard. The term is included for recognition and comparison, not as a product recommendation.
Why it belongs with Trading Risk Controls
These terms cover posted collateral, maintenance buffers, forced close, and asset haircuts.
When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.
Where you might see it
You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.