The phrase "a second lifeline" is correct and usable in written English.
It can be used in contexts where someone is referring to an additional source of support or help, often in challenging situations.
Example: "After losing my job, I found a second lifeline in the form of freelance work that helped me stay afloat financially."
Alternatives: "an additional support" or "a backup option".
"We've got a second lifeline here.
But after the company grabbed a second lifeline from Washington, executives reduced payouts even more, cutting the total in half, according to several people close to the situation.
Mr. Lewis was criticized for paying too much for Merrill Lynch, whose gaping losses prompted Bank of America to seek a second lifeline from Washington.
At 3-1 Sunderland found a second lifeline, three minutes from the end of normal time, when Stéphane Sessègnon scored from close range after a Boaz Myhill save from Steven Fletcher.
Shares in Citigroup sank $1.37, to $4.53, slipping below $5 for the first time since late November, when it was compelled to grab a second lifeline from the government.
The move comes as the United States throws a second lifeline to Citigroup and Bank of America, and considers new ways to relieve banks of their troubled assets using hundreds of billions in new money from the Troubled Asset Relief Program, known as TARP.
From 2004 to 2008, there was a fourth lifeline called "Switch the Question", earned upon answering question ten, in which the computer replaced, at the contestant's request, one question with another of the same monetary value; however, any lifelines used on the original question were not reinstated for the new question.
A second financial lifeline would be forthcoming, they promised, if Athens passed the enabling law.
He led its acquisitions of Countrywide, the giant mortgage lender, and Merrill Lynch, whose gaping losses eventually forced Bank of America to seek a second financial lifeline from Washington.
He served as Mr. Lewis's chief negotiator in the ill-fated Merrill deal, which prompted Bank of America to seek a second financial lifeline from Washington.
Ending weeks of speculation, Juncker confirmed on Thursday that Athens would probably receive a second financial lifeline by 29 June when EU leaders hold their next summit.
