Definitions for "In the hole"
Keywords:  batter, hitter, deck, pen, bat
Third in line to enter the pen; after "on deck."
The batter after the on-deck hitter.
The player who takes a turn at-bat second after the current batter.
Keywords:  dealt, losing, won, card, hole
Losing during any session.
Cards that are dealt face down.
Your two hole cards.
Used in the context of general equities. Below the inside market when one is attempting to sell the stock; at a significant discount. Antithesis of premium.
Keywords:  train, waiting, siding, car, slang
Train on a siding waiting for another train to pass.
(slang) A car or train in a siding.
Keywords:  middle, option, money
In the middle In the money option