shakeout
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.
See shakeout in American Heritage Dictionary 4
(shākˈoutˌ)
noun- The elimination of competing businesses or products in a particular field.
- A decline in the values of certain securities that usually results in a depressed stock market.
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