noun
- financial assistance given to a failing business or economy to save it from collapse
- emergency escapes from an aircraft using a parachute
Usage: economics; finance
Usage: aviation
Examples
- The government provided bailouts to several major banks during the financial crisis.
- Many taxpayers opposed the corporate bailouts, arguing companies should face consequences.
- The airline bailouts helped prevent massive job losses in the aviation industry.
- Critics questioned whether the bailouts created moral hazard for future risk-taking.
- The pilots performed successful bailouts when their aircraft malfunctioned.
- Emergency bailouts saved the crew members’ lives during the training exercise.