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We found 2 dictionaries that define the word tail event:

General (1 matching dictionary)
  1. tail event: Wiktionary

Science (1 matching dictionary)
  1. tail event: PlanetMath Encyclopedia

Definitions from Wiktionary (tail event)

noun:  (probability) an event associated with a given infinite sequence Y=y_k|k>k_0 that is determined by any subsequence of the form Y_n=y_k|k>n,n>k_0 (a "tail" of that sequence)
noun:  a low-probability event
noun:  an event that initiates an activity

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