Word Routes
Exploring the pathways of our lexicon
On the Trail of "Bailing Out"September 30, 2008By Ben Zimmer
The latest headlines are dominated by news of the failure of the U.S. House of Representatives to pass a $700 billion "bailout" of the financial industry. As I explained on the Voice of America program "Wordmaster" last week, bailout in the financial sense, meaning the rescue of a bankrupt or near-bankrupt entity, is a figurative extension from the world of aviation. A pilot who needs to make an emergency landing bails out to safety. That part of the term's etymology is relatively clear, but figuring out its ultimate origin is a bit trickier.
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