What is Bale-out?
1.
(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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A nickname for Australian pop singer and actress Olivia Newton John, who rose to fame with various songs around 1974 and 1975, one entit..
