The team was able to snatch victory from 'the jaws of defeat' [=the team won] by scoring in the final seconds of the game.
He barely escaped from 'the jaws of death'. [=he barely escaped death]
The crocodile tried to grab him in its 'jaws'. [='mouth']
(..) No. - Okay, let's do this. Come on, spread them. - Hey, you think you can pop somebody... ...and there's a special card to play? Jimmy Bags, whose jaw you broke... ...happens to work undercover for the Boston Police Department. I'm going nuts. I can't be someone else every day. (..)2006 The Departed