TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

Subordinated debt or preferred shares that are issued by banks and can be converted into common stock if a trigger event occurs.  2, record 1, English, - non%2Dviability%20contingent%20capital

Record number: 1, Textual support number: 1 CONT

At its core, NVCC is capital that has a bail-in feature such that a firm can be recapitalized without an injection of taxpayer funds if it reaches the point of non-viability. A "trigger event" converts all existing NVCC capital into common equity and instantaneously recapitalizes the institution. It's very important to note that NVCC features will only be triggered by the regulator at a time of extreme distress (i.e., looming default, no access to capital) such that a firm is no longer viable.  3, record 1, English, - non%2Dviability%20contingent%20capital

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Titres de créance subordonnée ou actions privilégiées qui sont émis par les banques et peuvent être convertis en actions ordinaires si un événement déclencheur survient.  2, record 1, French, - fonds%20propres%20d%26rsquo%3Burgence%20en%20cas%20de%20non%2Dviabilit%C3%A9

Record number: 1, Textual support number: 1 CONT

Les NVCC font partie des instruments financiers qualifiés d'«hybrides». Ils possèdent des caractéristiques propres aux instruments de dettes et aux titres de participation.  3, record 1, French, - fonds%20propres%20d%26rsquo%3Burgence%20en%20cas%20de%20non%2Dviabilit%C3%A9

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 DEF

Funds that would be available under a pre-negotiated agreement if a specific contingency ... occurs or a threshold ... is crossed.  2, record 2, English, - contingent%20capital

Record number: 2, Textual support number: 1 CONT

We support the BCBS’ [Basel Committee on Banking Supervision] work to consider the role of contingent capital in strengthening market discipline and helping to bring about a financial system where the private sector fully bears the losses on their investments.  3, record 2, English, - contingent%20capital

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 CONT

En cas de baisse du ratio des actions ordinaires et assimilées de la banque en deçà du seuil de déclenchement fixé et de dilution afférente des actionnaires ordinaires, la menace d’une conversion des fonds propres conditionnels pourrait inciter les actionnaires et la direction de la banque à éviter toute prise de risque excessive.  3, record 2, French, - fonds%20propres%20conditionnels

Record 2,  Textual support,  Spanish

Record number: 2, Textual support number: 1 CONT

La inyección de dinero a unos 16 bancos europeos permitirá que los gobiernos cuenten con capital "de contingencia", equivalente a las reservas que los bancos puedan utilizar en caso de necesitarlo.  1, record 2, Spanish, - capital%20de%20contingencia