1. an economic condition that results in the elimination of marginally financed participants in an industry; - Example: "they glutted the market in order to cause a shakeout of their competitors"
WordNet (r) 3.0 (2006):
shakeout
n 1: 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"