In finance terms, what's the difference between tenor and tenure?

Answer 1

In the past, it was always tenure, e.g. a time deposit with a tenure of 6 months. Nobody used tenor in this sense. Then some people started spelling it like this and now it's caught on in the banks and finance companies. Personally I'll always stick to tenure in this context and reserve tenor for the likes of Placido Domingo and Jose Carreras (and Luciano Pavarotti, bless his soul)

Answer 2

Tenure is the act, right, manner, or term of holding something (as a landed property, a position, or an office). Tenor - to my knowledge - has no applicable meeting in finance. The most common definitions for tenor are: 1 a : the drift of something spoken or written : PURPORT b : an exact copy of a writing : TRANSCRIPT c : the concept, object, or person meant in a metaphor
2 a : the melodic line usually forming the cantus firmus in medieval music b : the voice part next to the lowest in a 4-part chorus c : the highest natural adult male singing voice; also : a person having this voice d : a member of a family of instruments having a range next lower than that of the alto
3 : a continuance in a course, movement, or activity.

Answer 3

Loan Tenor