GLAC: Difference between revisions
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imported>John Grout (To add main entry for the acronym) |
imported>Doug Williamson (Update.) |
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Gone-concern Loss Absorbing Capacity. | Gone-concern Loss Absorbing Capacity. | ||
Usage | 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. | GLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity. |
Revision as of 07:27, 11 August 2015
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.