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 leverage some traders pile on to their bets can lead to a total wipeout in seconds.

From The Wall Street Journal

“But you’ve got to avoid the wipeouts and you’ve got to be positioned at all times for the next wave coming, and it’s a never-ending process,” he told MarketWatch in an interview on Monday.

From MarketWatch

For assets that many investors treat as protection, the speed and scale of the wipeout in gold and silver on Friday was unnerving.

From MarketWatch

But there were no crashes on a course that has a track record for some gruesome wipeouts and evacuation by helicopter.

From Barron's

But there were no crashes on a course that has a track record for some gruesome wipeouts and evacuation by helicopter, a boost ahead of the February 6-22 Milan-Cortina Olympics.

From Barron's