out of the hole

[out of the hole] {adv.} or {adj. phr.}, {informal} 1a. With ascore better than zero in a game; especially a card game, to a scoreabove zero.

It took us a long time to get out of the hole in thecard game.

1b. Even with an opponent after being behind; out oftrouble in a sport or game.

The team played very hard, but couldnot get out of the hole.

2. Out of debt; ahead financially.

It wasa small business, but it was wisely managed, and it kept out of thehole.

The first year was bad, but after that Fred got out of thehole.

Contrast: IN THE HOLE.