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Meaning of SHAKEOUT
Pronunciation:
'sheyk`awt
WordNet Dictionary
Definition:
[n]
a
financial
condition
that
results
in
the
elimination
of
marginally
financed
participants
in
an
industry
; "
they
glutted
the
market
in
order
to
cause
a
shakeout
of
their
competitors
"
Websites:
See Also:
economic condition
,
financial condition
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