shakeout
[ sheyk-out ]
/ ˈʃeɪkˌaʊt /
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noun
an elimination or winnowing out of some competing businesses, products, etc., as a result of intense competition in a market of declining sales or rising standards of quality.
a rapid decline in the values of certain securities sold in stock exchanges or the like.
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Origin of shakeout
First recorded in 1890–95; noun use of verb phrase shake out
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022
How to use shakeout in a sentence
British Dictionary definitions for shakeout
shake-out
noun
the process of reducing the number of people in a workforce in order to lower the costs of a company
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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