Focus on the pronunciation of Tier 1 capital
English definition of “Tier 1 capital”
Tier 1 capital
noun [U] (also Tier 1 equity) FINANCE, BANKING
› the main money that a bank has, which comes from selling shares and any profit it has made and kept: Lloyds TSB added to its Tier 1 capital by selling £600 million of variable perpetual bonds. The Bank is now worth considerably less than its Tier 1 equity.