Meaning of “bail sb/sth out” in the English Dictionary

british dictionary

"bail sb/sth out" in Business English

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bail sb/sth out

UK also bale sb/sth out
phrasal verb with bail uk /beɪl/ us verb [ T, usually passive ]

to help a person or organization that is in financial difficulty:

Taxpayers are being asked to pay billions of dollars to bail out failing banks and other companies.
We think the borrowers should be bailed out and not the loan companies.

(Definition of “bail sb/sth out” from the Cambridge Business English Dictionary © Cambridge University Press)