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Aparna
Aparna

Aparna

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Aparna
Asked: September 30, 20212021-09-30T16:35:57+05:30 2021-09-30T16:35:57+05:30In: Economics

What is Bailout?

What is Bailout?

key economy terms
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      [Deleted User]
      2021-09-30T16:42:02+05:30Added an answer on September 30, 2021 at 4:42 pm

      Bailout

      • Bailout is a general term for extending financial support to a company or a country facing a potential bankruptcy threat. It can take the form of loans, cash, bonds, or stock purchases. A bailout may or may not require reimbursement and is often accompanied by greater government oversee and regulations.
      • The reason for bailout is to support an industry that may be affecting millions of people internationally and could be on the verge of bankruptcy due to prolonged financial crises.
      • The government or the financing body places strict requirements such as restructuring of organisation, no dividend payment to shareholders, change of management and in some cases a cap on salaries of executives till a stipulated time period or the repayment of dues. This may also be followed by a temporary relaxation of rules that may impact the accounts of the rescued entity.
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