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.
Key Takeaway Points. 1  Bail-ins are situations where creditors agree to forgo their short-term claims and/or agree to a restructuring that reduces their holdings. 2  Bail-ins began as a public policy tool with Cyprus, which forced creditors and some depositors to forfeit some of their holdings to keep the banks alive.