PLAC and Patent: Difference between pages

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imported>John Grout
m (To cross refer to SLAC)
 
imported>Doug Williamson
(Mend link.)
 
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Primary Loss Absorbing Capital.
Government grant of the exclusive privilege of making or selling a new invention, design or process for a predetermined number of years.
 
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.




== See also ==
== See also ==
 
* [[Incorporeal property]]
*[[Capital adequacy]]
* [[Intellectual property]]
 
* [[Trademark]]
*[[SLAC]] - Secondary Loss Absorbing Capital
 
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital
 
[[Category:Regulation_and_Law]]

Revision as of 22:17, 6 November 2016

Government grant of the exclusive privilege of making or selling a new invention, design or process for a predetermined number of years.


See also