to clear of water by dipping (usually followed by out): to bail out a boat.
to bail water.
Also, bailer. a bucket, dipper, or other container used for bailing.
bail out, to make a parachute jump from an airplane. to relieve or assist (a person, company, etc.) in an emergency situation, especially a financial crisis: The corporation bailed out its failing subsidiary through a series of refinancing operations. to give up on or abandon something, as to evade a responsibility: His partner bailed out before the business failed.