You might have pulled out Websters definition of a bailout, which I am not disagreeing with. However Bailout/Renegotiation in a customers mindset it is all the same. The whole bailout phenomenon is helping people in that thought process of requesting and getting financial relief whether that be through a renegotiation or not. While it is not the textbook definition, the government bailing out everyone helps feed the mantra in individuals minds and they look at it all in the same.
