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English definition of “shakedown”

shakedown

noun (also shake-down)
 
 
/ˈʃeɪkdaʊn/
[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.
(Definition of shakedown from the Cambridge Business English Dictionary © Cambridge University Press)
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