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When distressed property were afterwards marketed, the earnings flowed to taxpayers, and the government was in the position to recoup extra money later by advertising its shares in the businesses in community offerings.
one. (Law) a sum of cash by which someone is sure to just take obligation for the looks in court of A different person or himself or herself, forfeited if the person fails to seem
three. To free of charge a person who continues to be arrested and would usually remain in jail right up until the demo by offering an amount of cash: I had to spend the weekend in jail mainly because I had no one to bail me out. Are you aware of who bailed out the accused thief last evening?
References in periodicals archive ? This really is why govt bail outs for personal enterprises can be a blended blessing.
C14: from Previous French: custody, from baillier to hand over, from Latin bāiulāre to hold burdens, from bāiulus provider, of obscure origin
Governments all over the world have bailed out their nations' companies with a few frequency For the reason that early 20th century. Generally, the needs of your entity/entities bailed out are subordinate to your demands in the state.[citation desired]
It website can also be utilised to permit a failing entity to are unsuccessful gracefully with out spreading contagion.[one] A bailout can, but will not always, stay away from an insolvency method.
Sweden fashioned a new agency to supervise institutions that necessary recapitalization, and Yet another that marketed from the belongings, predominantly real estate, that the banks held as collateral.
fork out, fork around, fork up, hand around, transform in, produce, render - to surrender anyone or a little something to a different; "the guard shipped the felony to your law enforcement"; "render up the prisoners"; "render the town for the enemy"; "fork above the money"
recognisance, recognizance - (legislation) a protection entered into before a courtroom that has a condition to execute some act expected by law; on failure to execute that act a sum is forfeited
This bail-in Instrument was initial brought to world awareness in Cyprus, as reviewed under, but had been discussed theoretically since not less than 2010.
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three. (Agriculture) Austral and NZ a framework inside of a cowshed used to secure the head of a cow for the duration of milking
Stanning, who was commissioned from Sandhurst in 2008 and has served in Afghanistan, isn't the 1st solider to bail out the organisers at these Video games but is going to be One of the most celebrated.
Although the Irish banking crisis of 2008 isn’t Substantially distinct from other banking crisis, it had been distinctive in that it absolutely was the primary banking crisis in a rustic that was a member of your Eurozone. Due to this the Irish government and central lender faced one of a kind constraints if the crisis struck.[forty six]