Definitions

1. noun

A boat designed to save the lives of people in danger of drowning, especially those on a ship that is sinking or in difficulty at sea.

“The crew launched the lifeboat to rescue the passengers from the stranded vessel.”

2. noun

A means of support or rescue in a difficult or emergency situation.

“The financial advisors played the role of a lifeboat for the struggling businesses.”

3. verb

To rescue or save someone from a difficult or emergency situation.

“The government tried to lifeboat the economy by providing financial aid to the affected businesses.”