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Simple English definitions for legal terms

bailout

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A quick definition of bailout:

A bailout is when the government helps a company that is in trouble with money. This helps the company stay alive and not go bankrupt. Sometimes, a crisis or emergency affects certain industries, and the government gives money to help them. The government can give money in different ways, like cash, loans, bonds, or buying stocks. But, the government also makes sure to watch the company closely and make them change things if needed. The government does this to keep the economy stable and avoid more problems. Some people don't like bailouts because they think it encourages companies to be risky or not responsible. The government is only supposed to give money if it's safe for taxpayers and not just to help a company that's failing.

A more thorough explanation:

A bailout is when the government provides financial support to a company that is in financial trouble and at risk of bankruptcy. This support enables the company to survive. The need for a bailout often arises during financial crises or national emergencies that particularly affect certain industries.

For example, after the terrorist attack on 9/11, the airline industry was hit hard and received an 18.6-billion-dollar bailout. The government can provide support in the form of cash, loans with favorable terms, bonds, and stock purchases. However, the government also sets higher regulation and oversight of the company, requiring them to restructure or cap salaries of executives for a time period.

The purpose of a bailout is to maintain regulation of the overall market and economy and to avoid further collapse of the financial system. However, some people are uncomfortable with bailouts because they see it as encouraging risky or irresponsible behavior. Businesses that operate on the private market are expected to manage their debts to ensure they can pay the debts they acquire.

For instance, the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act was passed to end bailouts. The Act states that emergency lending should only be done to provide liquidity when there is enough security for the loan to protect taxpayers and not to aid a failing financial company.

bailor | bait and switch

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1a2b3c4d26z
15:12
Yea but isn't that just cheating
1a2b3c4d26z
15:12
If you're already dating
babycat
15:13
I mean like casual dating without a label
BulbasaurNoLikeCardio
15:13
My wife and I date girls together but we don't fuck unless it is going to be exclusive but having hot chick friends you can flirt with is great.
babycat
15:13
I also have hot chick friends I can flirt with
BulbasaurNoLikeCardio
15:13
@babycat: Tinder spams marketing messages so dude probably forgot to delete but either way he didn't deserve you so fuck him
babycat
15:14
That was actually it but I was mean to him for like two days about it anyways
Dkk
15:14
Yeah, I am going to bed. I am starting to feel tired. Goodnight.
15:14
Goodnight DK
Dkk
15:14
Thank you. Goodnight to you too.
babycat
15:14
don't let the bedbugs bite
Dkk
15:14
Yeah cus bed bugs can carry aids.
BulbasaurNoLikeCardio
15:14
The whole having a group of hot chick friends you can flirt with while going out is great. Makes for a fun and safer environment when drinking.
babycat
15:15
I love my hot chick friends. Don't know where I would be without them
15:15
Crazy story, I had dinner with the dad of a friend of mine and he just openly went on Tinder in front of me and the other guys. Later my mom ran into him with another woman (not his wife/friend's mom) and he got very uncomfortable and never texted her again
15:15
I can't imagine what it's like being a cheater or like a serial dater. Shit seems so nervewracking
BulbasaurNoLikeCardio
15:16
My wife and I have great and open communication but one night she kept asking me why this girl is blowing up my phone with messages/pictures so I showed her... she got a new puppy and got drunk so had her puppy doing a fashion shoot at 11pm.
babycat
15:16
Awwww
BulbasaurNoLikeCardio
15:17
I need more hot friends to hang with, the town we are in sucks butt for it and everyone seems shifty/flaky.
glovediedthisishismom
15:17
whoever was asking for an AU wave earlier fished their wish
babycat
15:18
I keep my dating very clean and above board. No overlaps, no ambiguities. If you want to go into some sort of public office in the future it's good to be smart about things like that
babycat
15:18
So many politicians have sex scandals and that's how they get blackmailed and other people have power over them. I mean of course there are ethical and emotional issues too but it's literally just smart to not be a cheater
BulbasaurNoLikeCardio
15:19
I would never go into public office as it drags in your family as well. Dating is so much easier then some people make it out to be and it is not that hard to not cheat. I would always tell my soldiers to rub one out before making a big decision so they arent acting dumb
BulbasaurNoLikeCardio
15:20
Like if more cheaters just paused and rubbed one out they would be like you know maybe ill just watch some TV
babycat
15:20
I've seen some people do a really good job keeping their family out of it. But it really is an "anything they can use against you, they will" type of vibe
babycat
15:21
Ugh I need to go work on essays bye folks
BulbasaurNoLikeCardio
15:22
I don't do anything I can be blackmailed with, I like money too much to be sketch. Have fun doing your essays and a good weekend
15:23
don't have the motivation to work on essays
BulbasaurNoLikeCardio
15:25
I got to work on essays for finals but I'm like that is a next week me problem. I am glad to be done with LS ones. I felt weird talking about myself
babycat
15:28
Bulbasaur if you weren't constrained by location I would say you should apply to Northwestern. They love applicants like you
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