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1.
A phrase used on the game show "Jeopardy," to describe someone who was once in debt, and is now out of it.

Can also be used to describe people who are "out of the hole."
Jim paid off all his mortgages so now he is out of the hole.
by shootingstarz1476 March 18, 2007
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Words related to out of the hole:

alex trebek debt financial aid jeopardy mortgage