bailout packages

Bailout packages are financial support provided by governments or organizations to help struggling companies or banks avoid collapse. When a business faces severe financial trouble, a bailout can offer funds or resources to stabilize it, protect jobs, and prevent broader economic damage. Essentially, it's like a financial safety net designed to preserve important parts of the economy, with the understanding that the recipients will work toward recovery. Bailouts are often debated, balancing the need to support stability against concerns about encouraging risky behavior.