lifeboat


lifeboat

noun

  1. a double-ended ship’s boat, constructed, mounted, and provisioned so as to be readily able to rescue and maintain persons from a sinking vessel.
  2. a similarly constructed boat used by shore-based rescue services.

noun

  1. a boat, propelled by oars or a motor, used for rescuing people at sea, escaping from a sinking ship, etc
  2. informal a fund set up by the dealers in a market to rescue any member who may become insolvent as a result of a collapse in market prices

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