Definition, Meaning & Synonyms
bailout
noun
/ˈbeɪl.aʊt/
Definition
A bailout is a financial rescue where funds are provided to a company or country that is facing financial difficulty.
Examples
- The government announced a bailout for the struggling airline to keep it from going bankrupt.
- During the financial crisis, many banks received bailouts to prevent a total collapse of the system.
- Her company received a bailout after failing to secure sufficient funding from investors.
Meaning
Bailouts typically involve the government or other institutions stepping in to help prevent bankruptcy or collapse, ensuring stability in the economy or protecting jobs.
Synonyms
- financial assistance
- rescue package
- financial support