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Leaving a situation when it get tough or troublesome in order to avoid explaining past behavior.

Re: Sarah Pailin

Also can be used as:

Pailed out, Pail Out, et al.
Listen, after they told me there was a drug test for that job, I was like, "Fuck that, I'm Pailin Out..."
by CK2: Electric Boogaloo July 10, 2009
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