Meaning: Save, rescue
Example: The government had to BAIL OUT the airline because it was losing so much money.
Meaning: Remove water from something that is flooded
Example: The boat was leaking so they had to BAIL it OUT.
Meaning: Jump out of a plane because it is going to crash
Example: The pilot BAILED OUT when he saw that the engines had failed.
We have 4 phrasal verbs with 'BAIL'