It is also Brit-slang meaning to lose your nerve. I was informed of this by ZamZ and bozon in I bottled out of the e2 picnic fearing for my life! (the title of said node still makes no sense though.)
Bot"tled (?), a.
Put into bottles; inclosed in bottles; pent up in, or as in, a bottle.
Having the shape of a bottle; protuberant.
© Webster 1913.
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