Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 716

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 716
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 20-F | 494 |
| Glossary of terms (continued) |                        |                                  |            |            |                 |                     |     |                                            |     |

‘High-Net-Worth’ Businesses that provide banking and other services to high net worth customers. ‘High quality liquid assets (HQLA)’ Comprise eligible and unencumbered cash or assets that can be converted into cash at little or no loss of value in private markets, to meet liquidity needs arising from a liquidity stress scenario or event. Please refer to ‘Level 1 assets’ and ‘Level 2 assets’. ‘High Risk’ In retail banking, ‘High Risk’ is defined as the subset of up-to-date customers who, either through an event or observed behaviour, exhibit potential financial difficulty. Where appropriate, these customers are proactively contacted to assess whether assistance is required. ‘Home loan’ A loan to purchase a residential property. The property is then used as collateral to guarantee repayment of the loan. The borrower gives the lender a lien against the property and the lender can foreclose on the property if the borrower does not repay the loan per the agreed terms. Also known as a residential mortgage. ‘IHC’ or ‘US IHC’ The intermediate US holding company, Barclays US LLC, which holds most of Barclays’ subsidiaries and assets in the US. ‘Identified Impairment (II)’ Specific impairment allowances for financial assets, estimated individually. ‘IFRS’ International Financial Reporting Standards. ‘IFRS 9 transitional arrangements’ Following the application of IFRS 9 as of 1 January 2018, transitional arrangements under which Article 473a of UK CRR or EU CRR (as applicable)permits institutions to phase-in the impact on capital and leverage ratios of the impairment requirements under the new accounting standard. ‘Impairment Allowances’ A provision held on the balance sheet as a result of the raising of a charge against profit for expected losses in the lending book. An impairment allowance may either be identified or unidentified, and individual or collective. ‘Income’ Total income, unless otherwise specified. ‘Incremental Risk Charge (IRC)’ An estimate of the incremental risk arising from rating migrations and defaults for traded debt instruments beyond what is already captured in specific market risk VaR for the non-correlation trading portfolio. ‘Independent Validation Unit (IVU)’ The function within Barclays responsible for independent review, challenge and approval of all models. ‘Individual liquidity guidance (ILG)’ Guidance given to a bank