GLAC

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.

See also

• Bailin
• Capital adequacy
• Gone concern
• Loss absorbing capacity
• Primary Loss Absorbing Capital (PLAC)
• Secondary Loss Absorbing Capital (SLAC)