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wipeout

or wipe-out

[wahyp-out]
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noun
  1. Informal. destruction, annihilation, or murder.
  2. Informal. (in sports) a decisive defeat.
  3. a fall from a surfboard.
  4. Slang. a total or complete failure: to suffer a wipeout in the stock market.
  5. Slang. complete physical exhaustion.

Origin of wipeout

First recorded in 1920–25; noun use of verb phrase wipe out
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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Word Origin and History for wipeout

n.

1962, American English, surfer slang, from wipe (v.) + out. Sense of "destruction, defeat, a killing" is recorded from 1968.

Online Etymology Dictionary, © 2010 Douglas Harper