A layer of capital (for a bank or financial institution) consisting of items such as revaluation reserves, subordinated debt, hybrid...

The conversion (of a CoCo debt into equity) that takes place at default (putting an end to the going concern...

The market value of the components (lines of business, divisions, units, etc.) of a firm, assumed to be sold off...

The market value of the components (lines of business, divisions, units, etc.) of a firm, assumed to be sold off...