shakedown

shakedown
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.

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