- cannibalize
- cannibalize can‧ni‧bal‧ize [ˈkænbəlaɪz] also cannibalise verb [transitive]1. MARKETING if one of a company's new products cannibalizes an older one, it takes sales away from it:
• Healthy Choice was a best seller without cannibalizing sales of its other frozen food brands.
2. MANUFACTURING to take parts from one machine to use in another, for example to repair it:• By the time the replacement part arrived, the helicopter had been cannibalized for spare parts.
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cannibalize UK US (UK ALSO cannibalise) /ˈkænɪbəlaɪz/ verb [T]► MARKETING, COMMERCE to cause a reduction in the sales of an existing product or service by starting to sell a new product or service: »They hope to sell 5 million of their new game machines, but those sales will cannibalize the sales of their last product.
► PRODUCTION to take parts from a machine or vehicle to make or repair another machine or vehicle: »Trucks have been cannibalized to keep others running.
cannibalization (UK also cannibalisation) noun [U]► »All newspapers today suffer from cannibalization, whereby sales of physical copies are undermined by their own online versions.
Financial and business terms. 2012.