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

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

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