Financial Rescue
/ˈfaɪnænʃəl rɪˈskjuːs/
Definitions
- (n.) Provision of financial assistance to a financially troubled entity to prevent insolvency or collapse.
The government announced a financial rescue package for the ailing bank.
Forms
- financial rescue
Related terms
See also
Commentary
Often involves negotiated terms balancing creditor interests and economic stability; clarity in scope and conditionality is essential when drafting related agreements.
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.