bailout bond


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 (RefCorp), which was established in the 1980s in order to issue this type of bond. This type of bond has not been issued since the savings and loans crisis ended in the mid-1990s.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
bailout Financing Corporation (FICO)