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phase-out (n.)
Related entries & more "gradual, planned removal or elimination," 1958, from the verbal phrase (1954; see phase (v.)).
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freak-out (n.)
Related entries & more also freakout "bad psychedelic drug trip," or something comparable to one, 1966, from verbal phrase freak out, attested from 1965 in the drug sense (from 1902 in a sense "change, distort, come out of alignment"); see freak (n.). There is a coincidental appearance of the phrase in "Fanny Hill:"
She had had her freak out, and had pretty plentifully drowned her curiosity in a glut of pleasure .... [Cleland, "Memoirs of a Woman of Pleasure," 1749]
where the sense is "she had concluded her prank."