Bailout in economics and finance is a
term used to describe a situation where a bankrupt or nearly bankrupt
entity, such as a corporation or a bank, is given a fresh injection of
liquidity, in order to meet its short term obligations. Often bailouts
are by governments, or by consortia of investors who demand control over
the entity as the price for injecting funds.
November 15, 2008,
IMF head calls for extra funding. "The head of the IMF has said it will need more funding if it is to respond to calls for it to play a bigger role in aiding a global economic recovery."
November 15, 2008,
IMF head calls for extra funding. "The head of the IMF has said it will need more funding if it is to respond to calls for it to play a bigger role in aiding a global economic recovery."
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