Definitions
an economic condition that results in the elimination of marginally financed participants in an industry
Word origin
From shake + out.
Used in a sentence
“The dot-com shakeout of the 1990s left only the most durable, most profitable, and most well backed companies surviving.”
“A cargo parachute that has been packed and issued for use, but not actually used for airdrop, does not require a shakeout.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer1 curated clues
01“Industry consolidation”8 letters
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