This page provides all possible meanings and translations of the word bailout
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a rescue, especially a financial rescue
The government bailout of that corporation is going to cost the taxpayers a hundred billion dollars.
a backup supply of air in scuba diving
Origin: bail + out
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A bailout is a colloquial pejorative term for giving a loan to a company or country which faces serious financial difficulty or bankruptcy. It may also be used to allow a failing entity to fail gracefully without spreading contagion. The term is maritime in origin being the act of removing water from a sinking vessel using a smaller bucket.