Basic definition
government gives tax money to businesses so they do not fail
I state it as
A company or business fucks up cant pay bills
has to turn to government for help
you know all that money you pay at the store and elsewhere
the taxes and the additional taxes for each step of production up to that point of you buying the product
They take that money and give it to companies
without putting it up to you for a majority vote of 75% approval
It pretty much means if they make mistakes you can pay for it via taxes
And no punishments for mismanagement
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A bailout is the provision of financial help to a corporation or country which otherwise would be on the brink of bankruptcy.
A bailout differs from the term bail-in (coined in 2010) under which the bondholders or depositors of global systemically important financial institutions (G-SIFIs) are forced to participate in the recapitalization process, but taxpayers are not. Some governments also have the power to participate in the insolvency process: for instance, the U.S. government intervened in the General Motors bailout of 2009–2013.[1] A bailout can, but does not necessarily, avoid an insolvency process. The term bailout is maritime in origin and describes the act of removing water from a sinking vessel using a bucket.[2][3]
put the archive link so you have it to measure changes
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Da Lazy Scholar 