- shakedown shake‧down [ˈʆeɪkdaʊn] also shake-down noun [countable]1. a period of time when people start to get used to a new arrangement and it becomes more effective:
• The company is expected to enter its final shakedown phase by the middle of September.2. FINANCE a period of time when prices are falling on a financial market:
• The shakedown in engineering shares seems to be nearly over, with only minor declines yesterday.3. the process of getting money from someone, using threats:
• He had banked $25,000 in one day from the shakedown of bucket-shop proprietors, shady dealers in the stock market.
* * *shakedown UK US (also shake-down) /ˈʃeɪkdaʊn/ noun► [C] US an act of getting money from someone by using force or a trick: »
They were accused of a series of bribes and shakedowns relating to a business deal in Africa.► [C] PRODUCTION the act of testing a new piece of equipment, especially a vehicle: »
They take all the cars on a long run to give them a shakedown.»
a shakedown test/trial► [C or U] a period during which people become familiar with a new system or situation: »
There is usually a period of shakedown with new technology.► [C] STOCK MARKET a period during which prices are going down on a financial market: »
They are predicting a shakedown at the upper end of the market.
Financial and business terms. 2012.