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addaword.gifdefinition of bail-in

noun
the process of saving a bank by making it use up its internal resources first
A bail-in takes place before a bankruptcy and under current proposals, regulators would have the power to impose losses on bondholders while leaving untouched other creditors of similar stature, such as derivatives counterparties. | Germany has pushed for depositors in Cypriot banks to help pay for the rescue, a process known as a "bail-in".
Submitted from United Kingdom on 26/03/2013 11:52:00
Definition of bail-in from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

sandwich generation

a generation … who are balancing working life with caring for both their teenage children and elderly parents

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