Library / English Dictionary |
SHAKEOUT
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
An economic condition that results in the elimination of marginally financed participants in an industry
Example:
they glutted the market in order to cause a shakeout of their competitors
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("shakeout" is a kind of...):
economic condition (the condition of the economy)