Something borrowed ... we subsequently blew

A bailout is defined as an act of ‘giving’ financial assistance to a failing business or economy to save it from collapse.

A loan on the other hand is a thing that is borrowed, especially a sum of money that is expected to be paid back with ‘interest’.

One is an act of benevolence and friendship while the other is hard-nosed business, and the advantage always lies with the lender. In the past, when we borrowed from the financial markets, it was to cover costs (as it is today), but we did not refer to those loans as bailouts.