Saved-by-the-bell meaning

(simple past tense and past participle of save by the bell, boxing, wrestling, of a competit) In a boxing or wrestling match or similar competition, spared from being counted out by the referee by the ringing of the bell which concludes the round.
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(simple past tense and past participle of save by the bell, idiomatic, by extension) Rescued or favorably assisted by a timely interruption or by the sudden termination of difficult circumstances.
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