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Glossary / finance terms

Haircut

A reduction applied to an asset value or cash-flow amount for a defined financing calculation.

Why the distinction matters

Keep valuation adjustments distinct from the advance rate to avoid applying the same stress twice. Record what loss, uncertainty or timing adjustment each deduction addresses.

Read the structure

From contract eligibility to concentration limits, valuation and a funding shortfall.

GPU borrowing bases: what actually supports availability ↗

For in-house counsel

Take it to the documents

The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.

Related terms

Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.

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Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

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