wipeout

American  

[wahyp-out] / ˈwaɪpˌaʊt /

Or wipe-out

noun

1. Informal. destruction, annihilation, or murder.

2. Informal. (in sports) a decisive defeat.

3. a fall from a surfboard.

4. Slang. a total or complete failure.

   to suffer a wipeout in the stock market.

5. Slang. complete physical exhaustion.

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Etymology

Origin of wipeout

First recorded in 1920–25; noun use of verb phrase wipe out

Example Sentences

The options trader known as “Captain Condor” and his acolytes experienced a wipeout last week that incinerated tens of millions of dollars and cost some investors their life savings.

From MarketWatch

The stocks’ wipeouts are particularly notable because both companies tapped into themes that seemed unstoppable.

From Barron's

That put the stock on pace for the fourth largest one-day valuation wipeout ever by a U.S. company, according to Dow Jones Market Data.

From Barron's

He developed a wipeout splitter and increased the velocity on his fastball, enough to merit perhaps a two-year, $20-million deal.

From Los Angeles Times

Investors who owned the fund ahead of the wipeout lost their entire investment.

From MarketWatch