Today’s “Word of the Day” is bail out and it is a phrasal verb meaning “provide financial help/support to a failing company and rescue it from a serious financial difficulty”.
Example Sentence: Rachel Kyte, at Tufts University, US, a former UN special representative for energy and former World Bank Group vice president, said: “Covid-19 puts our economies at a fork in the road. Using public money to bail out firms that will take us on the road which doesn’t accelerate decarbonisation and doesn’t address inequality is not just unaffordable, it’s dangerous.”
This word is present in ‘Coronavirus profiteers’ condemned as polluters gain bailout billions and click here to read it.
Courtesy: The Guardian
Courtesy: The Guardian
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