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Webster's New World College Dictionary » shakeout
shakeout
shakeout definition
shake·out (-o̵ut′)
noun
- ☆ any movement in the market prices of securities that forces speculators to sell their holdings
- ☆ any drop in economic activity that eliminates marginal or unprofitable businesses, products, etc.
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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