Exit-strategy definitions

The definition of an exit strategy is a plan for a person or business to get out of a bad situation.

An example of an exit strategy is to write up a business plan to follow if a proposed deal doesn’t work out.

An example of an exit strategy is to go on a blind date, but have a friend call at a set time so you can have an excuse to leave if you need to end the date.

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A strategy developed by a venture capitalist or a private equity investor for selling his or her ownership stake in a company to realize a profit and the return of his or her principle.
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(usually military, politics, or business) A well-defined plan for bringing involvement in a mission, activity, or commitment to an acceptable conclusion.
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