shakeout

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noun shake·out \ˈshāk-ˌau̇t\

Definition of shakeout

  1. 1 :  the failure or retrenchment of a significant number of firms in the economy or a sector or an industry that usually results in a depressed market

  2. 2 :  a period or process in which the relatively weak or unessential are eliminated

1895

First Known Use of shakeout

1895


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