Business, Legal & Accounting Glossary

Definition: Shakeout


Full Definition of Shakeout

Consolidation of an industry or sector, where the smaller and weaker competitors are acquired or driven out of business.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Shakeout. Payroll & Accounting Heaven Ltd.
September 30, 2023
Chicago Manual of Style (CMS):
Shakeout. Payroll & Accounting Heaven Ltd. (accessed: September 30, 2023).
American Psychological Association (APA):
Shakeout. Retrieved September 30, 2023
, from website:

Definition Sources

Definitions for Shakeout are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.