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Bailout bondA bond issued by the Resolution Funding Corporation (Refcorp) to save the failing savings and loan associations in the late 1980s and early 1990s.
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Bailout bondDefinition A type of bond that was issued in the 1980s and 1990s when savings and loan associations were failing. This government-guaranteed bond was issued by the Resolution Funding Corporation (RefC [..]
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Bailout bondis intended to help ailing companies. Bailout bonds were most common in the 1980s and 1990s when many savings and loans were failing; they are less common now.
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Bailout bondA bond issued by the Resolution Funding Corporation (Refcorp) to save the failing savings and loan associations in the late 1980s and early 1990s.
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