Whats the difference between Nationalizing and "Bailing Out" a bank? and Bank of Scotland Age Group Championships 13-14 February 2010

Whats the difference between Nationalizing and "Bailing Out" a bank?

I have a fair idea what the differences is. Nationalizing a bank is when the government buy the majority of the banks share and therefore the private bank become government owned.However when articles refer to governments bailing out a bank, does it mean giving them money to meet its debts, to stop the risk of bankruptcy. I just need to be sure for my assignment.
Thanks
also can you add detail about the pros and cons of nationalizing a bank and 'bailing out' a bank.


bank best answer:

Answer by thecharleslloyd
Nationalisation:
is the government taking control of the bank and running as a government company, profits would then go to the people via them been paid into the tax account, meaning we should pay less tax if it makes enough.

Bail Out:
is where the government lends the bank cash to stop it from going bankrupt, That money will be paid back.

bank

Bank of Scotland Age Group Championships 13-14 February 2010


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Bank of Scotland age group Championships 13-14 February 2010

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