to clear of water by dipping (usually fol. by out): to bail out a boat.
–verb (used without object)
3.
to bail water.
–noun
4.
Also, bailer.a bucket, dipper, or other container used for bailing.
—Verb phrase
5.
bail out,
a.
to make a parachute jump from an airplane.
b.
to relieve or assist (a person, company, etc.) in an emergency situation, esp. a financial crisis: The corporation bailed out its failing subsidiary through a series of refinancing operations.
c.
to give up on or abandon something, as to evade a responsibility: His partner bailed out before the business failed.
in. to resign or leave; to get free of someone or something. : Albert bailed just before he got fired.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition. Copyright 2007. Published by McGraw Hill.
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Word Origin & History
bail (n.1)
"bond money," 1485, developed from "temporary release from jail" (1466), and that from earlier meaning "captivity, custody" (1259). From O.Fr. baillier "control, guard, deliver," from L. bajulare "to bear a burden," from bajulus "porter," of unknown origin.
Main Entry: bail Function: transitive verb 1: to release on bail 2: to obtain the release of by giving bail —often used with out 3: to place (personal property) under a bailment bailed —Peet v. Roth Hotel Company, 253 North Western Reporter 546 (1934)> NOTE: Property is usually bailed by putting it temporarily in the custody of another for a specific purpose, as safekeeping or delivery to a third party.