Overhedging and PLAC: Difference between pages
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Primary Loss Absorbing Capital. | |||
Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt. | |||
== See also == | |||
*[[Capital adequacy]] | |||
*[[SLAC]] - Secondary Loss Absorbing Capital | |||
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | |||
* [[ | |||
[[Category: | [[Category:Regulation_and_Law]] | ||
[[Category: | [[Category:Managing_Risk]] |
Revision as of 10:14, 26 March 2014
Primary Loss Absorbing Capital.
Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt.
See also
- SLAC - Secondary Loss Absorbing Capital
- GCLAC also referred to as GLAC - gone-concern loss absorbing capital