bail-in tool
as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May…, Article 2(1), point (57) (Definitions)
the mechanism for effecting the exercise by a resolution authority of the write-down and conversion powers in relation to liabilities of an institution under resolution in accordance with Article 43;
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Also defined in
- CRR 02013R0575-20270101, Article 4(1), point (137)
a bail-in tool as defined in point (57) of Article 2(1) of Directive 2014/59/EU;