SHAKE-OUT


Meaning of SHAKE-OUT in English

( shake-outs)

Note: in AM, use 'shakeout'

A shake-out is a major set of changes in a system or an organization which results in a large number of companies closing or a large number of people losing their jobs. ( JOURNALISM )

This should be the year of a big shake-out in Italian banking...

N-COUNT : usu sing

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.