Etymology
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shakeout (n.)

also shake-out, "business upheaval," 1895, from verbal phrase; see shake (v.) + out (adv.).

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Definitions of shakeout

shakeout (n.)
an economic condition that results in the elimination of marginally financed participants in an industry;
they glutted the market in order to cause a shakeout of their competitors
From wordnet.princeton.edu