The Phrase is "Burden Sharing"

Under justifiable public pressure, the German government has taken up the theme of burden sharing, meaning that creditors must face losses in future crises.

Next time, in polite company, you want to raise the issue of NOT bailing out the banks just use the term "burden sharing." The tax payer got stuck with the entire burden of bailing Wall Street out of its excesses. That's not fair. We want more "burden sharing" by bond holders, creditors and the owners of the Wall Street gambling halls.

Sound a bit more civilized, eh?

Sources:

Simon Johnson, Ireland Crisis Might Give China Break It Seeks, Bloomberg Opinion, November 18, 2010.