Bailout Program

A bailout program is when a government or organization provides financial support to save a company, bank, or economy that is struggling or at risk of failure. The goal is to stabilize the situation, prevent job losses, and avoid broader economic chaos. Typically, the support comes as loans, grants, or other financial aid, often with conditions for future financial discipline or structural changes. Bailouts are used during crises to protect economic stability but can sometimes be controversial if they seem to favor specific companies or sectors unfairly.