haircutPronunciation: /ˈhɛːkʌt/Translate haircut | into French | into German | into Italian | into Spanish Definition of haircut noun 1the style in which a person’s hair is cut: he’s always very particular about his haircut an act of cutting a person’s hair: hair salons offering discounted haircuts 2 informal a reduction in the stated value of an asset:the banks would probably be willing to take a haircut on the resthaircut in other Oxford dictionaries Definition of haircut in the US English dictionary