One of the mysteries of the English language finally explained.
An act of giving financial assistance to a failing business or economy to save it from collapse.
- ‘He says that previous bailouts encouraged banks to think the government would always save them, and argues that doing nothing to stave off a crisis would do little harm to the U.S.’
- ‘The pattern of bailouts since 1995 has distorted the operation of financial markets by creating moral hazard.’
- ‘We also read of Treasury's blatant role in pushing the business interests of Wall Street by using bailouts to force nations to open their capital markets to foreigners.’
- ‘What is needed is for the G7 nations to extricate themselves from the big bailout business.’
- ‘First, it might help to reduce the cost of financial bailouts to Western taxpayers and international organizations, and not just because capital flight might be slowed.’
- ‘Now Trump may need a financial bailout or concessions from bond holders to save the company from bankruptcy.’
- ‘The spectre of bank collapse from foreign loans has been averted by bailouts and promises of bailout from the Federal Reserve, the nation's only manufacturer of dollars, which it can produce at will.’
- ‘The hidden costs of all the ‘Coins in the Fuse Box’ and financial sector bailouts now look poised to manifest in an uneven housing and consumer borrowing fiasco, with the Fed either incapable or unwilling to respond.’
- ‘The Federal Reserve's successive bailouts have created a huge moral hazard problem.’
- ‘It regularly requires financial bailouts by the government.’
- ‘The IMF organises bailouts, the effects of which tend to minimise the costs of write-downs to the Western lenders, whilst extracting huge social costs in the country that was the original recipient of these loans.’
- ‘According to the agency, the steel industry represents 56 percent of the pension bailouts, while the airline industry accounts for 17 percent.’
- ‘Is it a stealth bailout by the military or just smart business on both sides?’
- ‘But there is no economic rationale for general bailouts or subsidies of airlines, insurance companies, the steel industry, agriculture, and so on.’
- ‘The companies that seek bailouts and tax breaks now are bound to discover that Washington wants something in return.’
- ‘The pension agency is a safety net, not a bailout for underfunded pensions.’
- ‘Consumers' faith in the stuff they buy appears to be ebbing, say researchers, in these days of unchecked megamergers, electric company bailouts, and the virtual economy (which has proven to be literal).’
- ‘Not uncoincidentally, this period has coincided with continuous resort to IMF bailouts by virtually every single major economy in the region.’
- ‘The miracles led to the biggest financial bailouts in history.’
- ‘There have been quite a few instances of governmentally assisted bailouts because the institution involved posed a systemic risk or the debtor involved was important to our national interest.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.