bailout

plural bailouts · alternative bail-out

1. A rescue, especially a financial rescue.

   The government bailout of that corporation is going to cost the taxpayers a hundred billion dollars.

   2 more examples

   "The no bailout' clause is violated every day."

   2016, Otmar Issing, former ECB chief economist, Euro 'house of cards' to collapse, warns ECB prophet

   The funding arrangement was described by the Government as a "bailout".

   2020 November 18, “Network News: London 'bailout' achieved with just minutes to spare”, in Rail, page 10

2. The process of exiting an aircraft while in flight.

   Bailouts from side doors are risky because the slipstream may carry a chutist into the plane's tail section.

   1972, Popular Mechanics, volume 138, number 3, page 193

3. divingA backup supply of air in scuba diving.
4. firefightingThe situation where a firefighter uses equipment to escape a structure where fire has proven uncontrollable.
5. informalThe act of bailing out; a departure or abandonment.