Business Dictionary :
Bail & Bail Out
Bail : noun : payment made to a court as guarantee that a prisoner will return after being released
• To stand bail of £3,000 for someone is a risky one.To jump bail
• He was released on bail of $3,000.
• He was released on payment of $3,000 bail.
: not to appear in court after having been released on bail NOTE
: no plural Bail out
(a) To rescue a company this is in financial difficulties
(b) To bail someone out : to pay money to a court as a guarantee that someone will return to face charges
• She paid $3,000 to bail him out. Bail-out
: rescue of a company in financial difficulties QUOTE
: The government has decided to bail out the bank which has suffered losses to the extent that its capital has been wiped out. (South China Morning Post
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