shakeout Definition
- 1a period of time when there is a lot of change or when many people leave an organization, industry, or market
- 2an event or exercise that tests the effectiveness or readiness of a system or organization, especially in response to a crisis or emergency
Using shakeout: Examples
Take a moment to familiarize yourself with how "shakeout" can be used in various situations through the following examples!
Example
The company went through a shakeout and laid off half its workforce.
Example
The earthquake was a shakeout for the city's emergency response system.
Example
The military conducted a shakeout exercise to test their preparedness for a cyber attack.
shakeout Synonyms and Antonyms
Synonyms for shakeout
Phrases with shakeout
a period of time when many companies in a particular industry fail or are forced to merge
Example
The dot-com bubble burst led to a market shakeout in the tech industry.
Example
The Navy conducted a shakeout cruise to test the capabilities of its new submarine.
a period of time when there is a lot of change or instability in an industry or market
Example
The shakeout period following the financial crisis led to the closure of many small businesses.
Summary: shakeout in Brief
A 'shakeout' [sheyk-out] refers to a period of significant change or instability, often involving restructuring or downsizing. It can also refer to an event or exercise that tests the effectiveness or readiness of a system or organization. Examples include a market shakeout, a shakeout cruise, and a shakeout period. The term is often used in formal contexts.