Bailout: Difference between revisions
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imported>Doug Williamson (Broaden definition to include organisations not just people) |
imported>Doug Williamson (Expand.) |
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1. | |||
Any situation where the losses of a failing business are absorbed by persons or organisations outside the business. | |||
2. | |||
The use of public money to deal with a failed or failing business, for example a bank. | |||
Sometimes written ''bail-out'' or ''bail out''. | |||
== See also == | == See also == | ||
* [[Bailin]] | * [[Bailin]] | ||
Revision as of 15:33, 24 November 2016
1.
Any situation where the losses of a failing business are absorbed by persons or organisations outside the business.
2.
The use of public money to deal with a failed or failing business, for example a bank.
Sometimes written bail-out or bail out.
