- blowout
- The rapid sale of all shares in a new securities offering. See: hot. Bloomberg Financial Dictionary
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blowout blow‧out [ˈbləʊaʊt ǁ ˈbloʊ-] noun [countable] informal• Bull markets always end in a speculative blowout.
2. FINANCE a very successful period of time for sales or profits:• Microsoft's performance was slightly better than expectations, but it wasn't a blowout quarter.
3. in oil exploration, when pressure from under the ground causes oil to flow in an uncontrolled way:• a platform blowout that spilled thousands of barrels of oil into Santa Barbara Channel
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blowout UK US /ˈbləʊaʊt/ noun [C] INFORMAL► STOCK MARKET a short period of time during which shares are sold for a high price: blowout in sth »While there was a blowout in hi-tech shares in the US overnight, internet shares in the UK performed in a more subdued fashion.
► ECONOMICS a very difficult economic period during which companies lose money and people lose jobs: »The dot.com blowout hit jobs in the finance sector hardest.
► FINANCE a sudden large increase in the price of something: blowout in sth »The blowout in the price of gas and electricity is having an effect on domestic bills.
Financial and business terms. 2012.