Bail out has several different meanings depending on the context, and this answer from en.wiktionary.org/wiki/bail out covers them all.
You may check it out yourself, but I have included its contents here for your convenience.
To secure the release of an arrested person by providing bail money;
To remove water from a boat by scooping it out;
To exit an aircraft while in flight;
To rescue, especially financially;
To leave or not attend