LAC: Difference between revisions
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Loss absorbing capital | |||
In the field of bank [[resolution]] and [[recovery]] capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure. | |||
Revision as of 11:56, 24 March 2014
Loss absorbing capital
In the field of bank resolution and recovery capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure.
