GCLAC

Gone Concern Loss Absorbing Capacity.

Bank resolution and recovery.

Usage in field of bank recovery and resolution has taken time to develop. and the acronym was sometimes just GLAC that might be seen as "Gone-concern Loss Absorbing Capacity".

GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity.

The FSB, that had used "GLAC", has since changed to the term Total Loss Absorbing Capacity (TLAC) for this.

See also

• Capital adequacy

• Loss absorbing capacity

• PLAC

• SLAC

• MREL

• Gone concern

• Bailin