Bailout: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, November 2015, p49.) |
imported>Doug Williamson (Broaden definition to include organisations not just people) |
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A situation where the losses of a failing business are absorbed by persons outside the business. | A situation where the losses of a failing business are absorbed by persons or organisations outside the business. | ||
== See also == | == See also == | ||
* [[Bailin]] | * [[Bailin]] | ||
Revision as of 11:02, 12 November 2015
A situation where the losses of a failing business are absorbed by persons or organisations outside the business.
