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.
See
Random Words:
1.
To manage poorly. To promote on the basis of incompetence. To single out intelligent employees and use machiavelliantactics to drive the..
