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.
Subscribe You are signed in. Definition of bail-in. Bonds are a form of debt and as such, they rank higher than equity. This gives them a better claim to get their money back when business turns sour since the owners-equity holders-have an obligation to repay their creditors.