phaseout

American  

[feyz-out] / ˈfeɪzˌaʊt /

Or phase-out

noun

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

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Etymology

Origin of phaseout

First recorded in 1955–60; noun use of verb phrase phase out

Example Sentences

You still have to meet the other requirements, though, especially the income phaseout that starts at $242,000 for a married couple and taps out after $252,000.

From MarketWatch

The European Union dropped a phaseout of combustion vehicles by 2035.

From Barron's

That will probably require further breakthroughs, especially in hard-to-decarbonize sectors like steel and cement, and a complete phaseout of coal.

From The Wall Street Journal

Overlooked by many is that the megabill also expanded a key phaseout for this break.

From The Wall Street Journal

Tim Steffen, director of advanced planning at Baird, is advising clients who will exceed the income phaseout this year to defer business income into 2026 or else accelerate expenses into this year if possible.

From The Wall Street Journal