Bailout
/ˈbeɪlaʊt/
Definitions
- (n.) A financial rescue, typically by a government, to prevent the failure of a failing business or economy.
The government approved a bailout to save the failing bank.
- (v.) To provide financial assistance to prevent the failure of a business or economy.
The state decided to bailout the struggling automaker.
Forms
- bailout
- bailouts
- bailed out
- bailing out
- bailouting
Related terms
See also
Commentary
In legal drafting, specify the conditions and limitations tied to a bailout to avoid unintended liability or moral hazard.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.