bailout
UK: ˈbeɪlaʊt | US: ˈbeɪlˌaʊt
n. financial rescue, especially by a government to save a failing company or economy
n. an emergency escape or exit (e.g., from an aircraft)
bailout = bail<to rescue> + out<exit>
- bail: From Old French baillier ("to deliver, control"), originally meaning "to hand over" or "to release." In finance, it evolved to mean "to rescue from financial distress."
- out: From Old English ūt ("outside, away"), used here to emphasize the act of exiting or escaping a crisis.
Etymology Origin:
The term bailout emerged in the mid-20th century, combining "bail" (financial rescue) with "out" (exit). It vividly captures the idea of pulling someone or something out of trouble, akin to bailing water from a sinking boat. The word gained prominence during economic crises, reflecting its dual logic: financial intervention (bail) and crisis avoidance (out).
The government approved a $50 billion bailout for the struggling bank.
Critics argue that corporate bailouts reward poor management.
The pilot activated the bailout procedure when the engine failed.
Without a bailout, the company would have gone bankrupt.
The airline's bailout plan included layoffs and asset sales.