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shakeout

[sheyk-out]
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noun
  1. 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.
  2. 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. 2018

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Word Origin and History for shakeout

n.

also shake-out, "business upheaval," 1895, from verbal phrase; see shake (v.) + out (adv.).

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Online Etymology Dictionary, © 2010 Douglas Harper