Principal write down: Difference between revisions
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*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | *[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | ||
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Revision as of 20:42, 9 February 2019
(PWD).
The capacity of a financial instrument to absorb losses by a reduction (write down) of its principal amount repayable.
See also
- Additional Tier 1
- Capital adequacy
- Contingent convertible capital
- Going concern
- Loss absorbing capacity
- PLAC
- Tier 2
- Total Loss Absorbing Capacity
- SLAC - Secondary Loss Absorbing Capital
