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Bail-Out Provision
(redirected from Bailout Provision)

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Bail-Out Provision
In a variable annuity, a clause stating that the annuitant can make early withdrawals without penalty if the return on the annuity falls below a certain stated amount.


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Following the Senate passage of its bailout provisions, NCUA Board Chairman Michael Fryzel said, "Today's Senate approval of NCUA's Corporate Credit Union Stabilization Fund and accompanying provisions such as increased borrowing authority, is an unmistakable affirmation by lawmakers that the credit union industry can and will take care of its own problems.
23 /PRNewswire-FirstCall/ -- In response to increased demand in the wake of recent government bailout provisions, The Mergis Group, a leading specialty professional placement firm, has created a TARP and Government Bailout Talent Delivery Team to manage and deliver companies' recruiting and staffing needs related to the U.
More insidiously, this legislation was passed because most attention was focused on the much larger financial bailout provisions.
 
 
 
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