What is Bale-out?
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(n. from the same root as 'baleful'):
(1) an expensive and hasty government bailout of an entire industry
(2) a government bailout that creates negative incentives for corporate executives while doing little to resolve an underlying economic crisis
(3) a government bailout that causes more harm than good
Time will tell whether the Troubled Asset Relief Program is a bale-out that hurts the economy over the long-run.
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1. Out of one into the other, and out of the other into the one.
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