parachute from an airplane; rescue from distress (esp. financial distress); free a person from jail by pledging a sum of money; abandon or escape a situation (Slang)
If you bail someone out, you help them out of a difficult situation, often by giving them money. They will discuss how to bail the economy out of its slump
If a pilot bails out of an aircraft that is crashing, he or she jumps from it, using a parachute to land safely. Reid was forced to bail out of the crippled aircraft The pilot bailed out safely
to play or aim away from trouble (usually extreme) Example: I was afraid of the water hazard on the right side of the fairway, so I decided to bail out into the left rough