{adv.} or {adj. phr.}, {informal} 1a. With a score better than zero in a game; especially a card game, to a score above zero. * /It took us a long time to get out of the hole in the card game./ 1b. Even with an opponent after being behind; out of trouble in a sport or game. * /The team played very hard, but could not get out of the hole./ 2. Out of debt; ahead financially. * /It was a small business, but it was wisely managed, and it kept out of the hole./ * /The first year was bad, but after that Fred got out of the hole./ Contrast: IN THE HOLE.
OUT OF THE HOLE
Meaning of OUT OF THE HOLE in English
Dictionary of English idioms . Словарь английских идиом. 2012