SHAKEOUT
Scrabble letter values: S1H4A1K5E1O1U1T1 = 15
Definition
- noun an economic condition that results in the elimination of marginally financed participants in an industry.
Examples
- “they glutted the market in order to cause a shakeout of their competitors”
- “The dot-com shakeout of the 1990s left only the most durable, most profitable, and most well backed companies surviving.”