Photo: a sprinter at the starting block. Equal opportunity is a stipulation that all people should be treated similarly, unhampered by artificial barriers or prejudices or preferences, except when particular distinctions can be explicitly justified.
Bailout definition, the act of parachuting from an aircraft, especially to escape a crash, fire, etc. See more.
Bail-outs are designed to keep creditors happy and interest rates low, while bail-ins are ideal in situations where bail-outs are politically difficult or impossible, and creditors aren't keen on the idea of a liquidation event. 1  The new approach became especially popular during the European Sovereign Debt crisis.