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1.
When you have to bail out of a planned event. Your failure to attend said event after saying you would be there.
Jammer's bailure to attend the party was a big disappointment.
by BillyBadAss March 19, 2006
 
2.
the failure to take action in order to keep a romantic relationship from going in an unwanted direction potentially resulting in a series of catastrophically awkward events and conversations.
Bob: "So Evan did you bail on that girl you were seeing?"
Evan: "No, we made out for a while and she left."
Bob: "What a bailure!"
by TinyJohnson February 26, 2012
 
3.
When BOTH of the following two conditions are satisfied:

(a) A person fails to attend a planned event (ex. "he totally bailed on the party")

(b) When the event that was "bailed" was super awesome, or at the very least, better than what it was the person "bailed" for. (ex. "bailing on the beach full of hot babes is both a fail and a bail, therefore a bailure?")
Alex tells his friends that he will go to the beach with them. On the beach day, Alex tells his friends he can't go to the beach because he has to take care of his friend's dog. This is the "bail."

If it turns out that the beach was full of hot babes, high-fives, and free pie, the alternative for which Alex passed up the beach is clearly a "fail."

Combined, we have BAILURE (BAIL+FAILURE).
by DotBiz June 29, 2010
 
4.
if something seems like a lame failure, which enacts you to bail, or leave it. Could be a relationship, party, meeting. The act of calling a bailure is making a motion to leave or bust since the place you're at is bunk.
I'm going to call a bailure on this party, it's pretty much a failure so I'm bailing.

or

I'm going to make a bailure.
by allihonki March 21, 2012
 
5.
a skater who can never land a trick,a skater who constantly bails
Skater 1:Hey you want to trying landing a trick for once you bailure

Skater 2:Hey hey hey shut up
by Danny Schlosburg February 02, 2009
 
6.
Failure. Inspired by Christian Bale, usually spoken in a deep 'Batman' voice.
Christian Bale went ape shit on the set Terminator: Salvation. What a Bailure!
by AssistKills April 28, 2010