But TLAC is just jargon for saying that these banks should fund themselves with both equity and “bail-in-able debt” – debt that can be converted to equity (or wiped out) when there is an official resolution event. All this really means is that some debt can fall dramatically in value when government officials pull the trigger.
其次，FSB建议对所有大银行要求一定的总损失吸收能力（TLAC）。但TLAC只是一个术语化的说法，其实质是这些银行应该同时运用股本和“可自我援助的债务”（bail-in-able debt）融资。在发生清算事件时，可自我援助的债务可以转换为股票（或被清除）。所有这些的真实含义是某些债务在政府官员扳动扳机时可以暴跌。