Meaning of shakeout

shake•out

Pronunciation: (shāk'out"), [key]
— n.
  1. 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.
  2. a rapid decline in the values of certain securities sold in stock exchanges or the like.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also: