Financial Crisis Management

1 words in this vocabulary list

noun a rescue procedure for a financial institution on the brink of failure, in which the institution's creditors and depositors are forced to bear some of the burden by having a portion of their debt converted into equity or written off

  • The government implemented a bail-in strategy to rescue the failing bank.
  • They decided to use a bail-in to save the bank from going under.
  • The bank was in trouble, so they had to do a bail-in to keep it afloat.
  • In times of crisis, a bail-in can be like a lifeboat for struggling financial institutions.