Bailout has become closely associated with the idea of financial rescue - to bail out the Greece etc.
But the word has many subtle usages - and two spellings!
2. to bail out is to remove water from a leaky boat.
3. It is now more common to use bail in a figurative/metaphorical sense:
The minister has bailed on the government's housing policy (announced his opposition).
|The pilot bailed out|
4. 'Bail out' is also used metaphorically but usually with a closer connection to the literal meaning: The pilot bailed out of his plane.
5. The noun is sometimes spelled as one word: bailout.
6. Bail or bale - the spelling is disputed but bail is probably used more frequently. Both spellings are allowed by most dictionaries.
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