phaseout

or phase-out

[ feyz-out ]
/ ˈfeɪzˌaʊt /

noun

an act or instance of phasing out; planned discontinuation or expiration.

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Origin of phaseout

First recorded in 1955–60; noun use of verb phrase phase out
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for phaseout

phase out

verb

(tr, adverb) to discontinue or withdraw gradually

noun phase-out

the action or an instance of phasing outa phase-out of conventional forces
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012