Basis and PLAC: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
m (Temporary change of capital to capacity, pending its further investigation.)
 
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1.  
Primary Loss Absorbing Capital.


The method or convention under which a value or price has been calculated.
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.


Sometimes known as the ''base''.
2.
Basis risk.


== See also ==


3.
*[[Capital adequacy]]
*[[Loss absorbing capacity]]


In futures markets, the price differential between the price of the asset underlying the futures contract and the price of the futures contract.
*[[SLAC]] - Secondary Loss Absorbing Capital


*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital


== See also ==
[[Category:Compliance_and_audit]]
* [[Accruals basis]]
[[Category:Risk_frameworks]]
* [[Base]]
* [[Basis risk]]
* [[Futures]]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 09:53, 27 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
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