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{{aai|fwmd|}}{{Dpn|/kənˈtɪnʤənt kənˈvɜːtəbᵊl sɪˈkjʊərətiz/ ''(also “[[additional tier 1 capital]]”)''|n}} | {{aai|fwmd|{{image|Lucky Dog|jpg|}}}}{{Dpn|/kənˈtɪnʤənt kənˈvɜːtəbᵊl sɪˈkjʊərətiz/ ''(also “[[additional tier 1 capital]]”)''|n}} | ||
A [[subordinated]] [[debt instrument]] which is not [[Equity security|common equity]], but is sufficiently ''like'' it, in certain moods, that it can be treated as being the same as tier 1 capital (hence its alternative name of “AT1”, or “[[additional tier 1 capital]]”). | A [[subordinated]] [[debt instrument]] which is not [[Equity security|common equity]], but is sufficiently ''like'' it, in certain moods, that it can be treated as being the same as tier 1 capital (hence its alternative name of “AT1”, or “[[additional tier 1 capital]]”). | ||