Bailout

From ACT Wiki
Revision as of 09:27, 6 June 2020 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

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