GLAC: Difference between revisions
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== See also == | == See also == | ||
* [[Bailin]] | |||
*[[Capital adequacy]] | *[[Capital adequacy]] | ||
*[[Gone concern]] | |||
*[[Loss absorbing capacity]] | *[[Loss absorbing capacity]] | ||
*[[Primary Loss Absorbing Capital]] (PLAC) | |||
*[[Secondary Loss Absorbing Capital]] (SLAC) | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 10:00, 12 September 2024
Gone-concern Loss Absorbing Capacity.
Usage continues to develop in this field of bank recovery and resolution and the acronym is sometimes GCLAC that might be seen as "Gone Concern Loss Absorbing Capacity".
GLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity.