Bailout

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A Bailout is a collective financial assistance effort that props up financially insolvent institutions or even countries. Most of the time, the organizations needing a bailout have engaged in nonsensical financial activites, or countries who have engaged in long term socialism, such as Greece.[1] Organizations in need of a bailout are sometimes considered too big to fail.

Examples of bailouts include the bailout of Greece as well as the Obama administration corporate bailouts.

A related concept is the Bail-in, as well as Quantitative easing

References

  1. Greece Clears Hurdle Toward Another Round of Bailout Aid, Wall Street Journal