“Bailout” was looked up so often at Merriam-Webster’s online dictionary site that the publisher named it the 2008 Word of the Year. Defined as “a rescue from financial distress,” “bailout” prompted hundreds of thousands of online lookups within just a few weeks. John Morse, Merriam-Webster’s president and publisher, told the Associated Press that those who looked it up also seemed to want to know whether it had negative nuances or suggested irresponsibility or blame.
Interested in learning more about the bailout, the current mortgage crisis and how this economic downturn affects homeowners? BobVila.com has the answers. Check out these articles:
“What the Bailout Bill Means to Homeowners, Including Green Incentives”
“The Mortgage Crisis: How It May Affect You
“Staying Put in Today’s Housing Market
Credit: Associated Press
