shakeout

[sheyk-out]

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

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.

  • a trial run of a new ship or aircraft, typically with a shakedown crew

    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.

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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.