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Use "haircuts" in a sentence
"Italian males feel a certain way about haircuts, which is to say they should be cheap at worst, free at best."
"Central bankers generally accept government bonds as collateral in refinancing operations, but, below certain thresholds, lower ratings could trigger sizeable haircuts, in other words, revaluing the bonds substantially below their market value."
"The point on John Edwards '$400 haircuts is one of hypocracy."