GLAC: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Classify page.) |
||
| Line 16: | Line 16: | ||
*[[Gone concern]] | *[[Gone concern]] | ||
* [[Bailin]] | * [[Bailin]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Revision as of 12:33, 25 June 2022
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.
