shakeout

noun

A reduction or elimination of competing businesses or products in a particular field.

noun

A decline in a securities market that forces speculators to sell their positions, often at a loss.

noun

An event that causes marginal constituents to be eliminated.

noun

The separation of molds from their flask, the castings from the molding sand, and potentially the cores from the castings.

noun

an economic condition that results in the elimination of marginally financed participants in an industry