Meaning Of The Word Shakeout
What's the definition of Shakeout? Find Shakeout meanings, definitions and more at the Real Dictionary online.
Shakeout Meaning
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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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