clean-out

clean-out
clean-out ˈclean-out noun [countable]
when an organization is improved by removing parts or people that are not making money or are not effective or honest:

• The country needs a clean-out of the balance sheets of its industrial companies.

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clean-out UK US (also cleanout) noun [C] WORKPLACE
an act of removing the people and parts of an organization that are not needed, wanted, or that are causing problems: »

What the nation needs is a vigorous clean-out of the banks' loan books and their managements.

»

Staff clean-outs are often the result of a change in management, with new managers making room for their own people.


Financial and business terms. 2012.

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Look at other dictionaries:

  • clean-out — cleanˈ out noun 1. A thorough cleaning 2. A swindle • • • Main Entry: ↑clean …   Useful english dictionary

  • clean|out — «KLEEN OWT», noun. 1. the act or process of cleaning out: »[He] ... said that his cleanout of odd characters, logrollers, and misfs…would result in a 40 per cent turnover in his department (Newsweek). 2. an opening in a pipe, chimney, or other… …   Useful english dictionary

  • clean out — verb 1. empty completely (Freq. 5) We cleaned out all the drawers • Syn: ↑clear out • Hypernyms: ↑empty • Hyponyms: ↑clinker …   Useful english dictionary

  • clean out — 1) PHRASAL VERB If you clean out something such as a cupboard, room, or container, you take everything out of it and clean the inside of it thoroughly. [V P n (not pron)] Mr. Wall asked if I would help him clean out the bins... [V n P] If you are …   English dictionary

  • clean out — phrasal verb [transitive] Word forms clean out : present tense I/you/we/they clean out he/she/it cleans out present participle cleaning out past tense cleaned out past participle cleaned out 1) a) to make a place or container clean or tidy by… …   English dictionary

  • clean out — verb a) To clean, especially to tidy by removing the contents. Clean out your purse and at least get rid of all the trash youre hauling around. b) To empty completely; to remove all money or possessions from. The divorce cleaned him out …   Wiktionary

  • clean-out — /ˈklin aʊt/ (say kleen owt) noun a major and thorough cleaning or overhaul. {derived from phrasal verb clean out. See clean (def. 29) …   Australian-English dictionary

  • clean out — phr verb Clean out is used with these nouns as the object: ↑closet, ↑desk, ↑drawer, ↑ear, ↑tank …   Collocations dictionary

  • Clean out — 1. use up; exhaust; 2. take all money from, especially illegally: to clean out the bank …   Dictionary of Australian slang

  • clean out — Australian Slang 1. use up; exhaust; 2. take all money from, especially illegally: to clean out the bank …   English dialects glossary

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