Working From Home

The Pandemic Financial Terms You Should Know Right Now

Sneak in one or two on your next Zoom call. 

Illustration: Oscar Bolton Green for Bloomberg Businessweek

The coronavirus pandemic has made us all armchair epidemiologists. Master these eight terms to become an armchair economist.

Bailout: This is when the government helps a business or industry avoid collapse by giving it financial assistance. If it helps you, however, you’ll probably prefer to call it “emergency assistance,” “bridge financing,” or maybe “liquidity support.”