out of the hole

out of the hole  {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.
Categories: {adj. phr.} {adv.} {informal}

'out of the hole' on video