Meaning Of The Word Shakeout

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Shakeout Meaning

Shakeout Definition
Shakeout Definition

What's The Definition Of Shakeout?

shakeout
A shakeout is a major set of changes in a system or an organization which results in a large number of companies closing or a large number of people losing their jobs.

shakeout in American English
any movement in the market prices of securities that forces speculators to sell their holdings
noun: an elimination or winnowing out of some competing businesses, products, etc., as a result of intense competition in a market of declining sales or rising standards of quality

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