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A capital infusion offered to a business with a national or multi-national footprint that is in danger of bankruptcy, insolvency, or total liquidation.  Financial aid can be provided in the form of debt or equity offerings, cash contributions, or some form of loan or line of credit, and is often accompanied by greater government oversight and regulation.  The failure of a business that employs thousands or plays an influential role in the economy potentially can send shock waves throughout the entire economy, including other industries. The credit crisis that began in 2007 created numerous failures around the world, which resulted in a large number of government-sponsored bailouts in almost every industry across the globe. See: Conservator, Conservatorship.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bail Out

To give money to a company so that it avoids bankruptcy and is able to continue operations. Generally speaking, the term often refers to a government bailing out a private corporation. A bailout may take the form of a direct transfer of capital, or it may occur indirectly through low or no interest loans and subsidies. For example, in September of 2008 the insurance conglomerate AIG found itself in dire straits. The Federal Reserve bailed it out by extending $85 billion (and eventually $182 billion) in credit to the company. Proponents of bailouts say that they keep an economy afloat when an industry thought too big to fail otherwise would collapse. Critics contend that bailouts are inefficient and that non-competitive companies ought to fail. See also: Cash for clunkers.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


The financial rescue of a faltering business or other organization. Government guarantees for loans made to Chrysler Corporation constituted a bailout.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
These factors also make the equation relatively clinically unhelpful for the average patient with high injury severity in need of damage control surgery.
A computer simulation of hypothermia during "damage control" laparotomy.
Damage control: Richie and Spanish tenor Jose Carreras performed in front of Moammar Gadhafi's shattered house to commemorate the 20th anniversary of airstrikes ordered by President Ronald Reagan after Libyan agents bombed a nightclub in Berlin on April 5, 1986.
Coagulopathy clearly correlates with mortality in severely injured damage control patients.
For one, they take on the hagiography accorded the Tylenol crisis of 1982, which is almost always cited as the best example of corporate damage control in modern history.
Overall, Kitts argues, the story of presidential commissions is the story of presidential attempts at damage control.
From making mistakes to damage control in a project environment, THE ART OF PROJECT MANAGEMENT covers, in depth, many of the common obstacles in a business environment.
Via starts with some damage control by arguing that the Old Testament prohibition of male homosexual acts (lesbianism never gets mentioned) is more a matter of "uncleanness" than sin (and from a New Testament standpoint "the physical cannot defile").
I compiled a list of possible damage control measures I intend on using that I hope will be useful in extricating ourselves from this tar baby.
We've got to do some serious damage control. Here ...
Nearly every function of the ship, from navigation and steering to engine and damage control, is conducted and monitored using commercial, off-the-shelf hardware and software.
Gunners used live ammunition yesterday to destroy a mock boat, before the crew carried out damage control exercises as if the warship had been hit.

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