- an act or instance of phasing out; planned discontinuation or expiration.
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. 2018
Examples from the Web for phaseout
The red line shows you where the phaseout is complete--i.e., where the deduction completely disappears.Should People Who Make $250,000 a Year Worry About Obama's Tax Proposals?
November 20, 2012