BAILOUT

Bailout

A bailout is a colloquial pejorative term for giving a loan to a company or country which faces serious financial difficulty or bankruptcy. It may also be used to allow a failing entity to fail gracefully without spreading contagion. The term is maritime in origin being the act of removing water from a sinking vessel using a smaller bucket.

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bail out

Verb

  1. To secure the release of an arrested person by providing bail money.
  2. To remove water from a boat by scooping it out.
  3. To rescue, especially financially.
    ''Once again, the industry got itself in trouble and government had to bail it out.
  4. To exit an aircraft while in flight.
  5. To leave (or not attend at all) a place or a situation, especially quickly or when the situation has become undesirable.
    I'm going to bail out of class today.
  6. To sell all or part of one's holdings in stocks, real estate, a business, etc.
    I'm going to bail out of stocks and buy gold instead.


The above text is a snippet from Wiktionary: bail out
and as such is available under the Creative Commons Attribution/Share-Alike License.

bailout

Noun

  1. a rescue, especially a financial rescue
    The government bailout of that corporation is going to cost the taxpayers a hundred billion dollars.
  2. a backup supply of air in scuba diving


The above text is a snippet from Wiktionary: bailout
and as such is available under the Creative Commons Attribution/Share-Alike License.

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