Lifeboat
/ˈlaɪfˌboʊt/
Synonyms
- emergency boat
- rescue boat
- safety boat
Slang Meanings
A backup plan or option in case of emergencies.
Having a side hustle is like having a lifeboat in case your main job sinks.
Referring to a situation where there is a last resort.
That old savings account is my financial lifeboat.