Meaning of “phase sth out” in the English Dictionary

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"phase sth out" in Business English

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phase sth out

phrasal verb with phase uk /feɪz/ us verb [ T, often passive ]

to remove or stop using something gradually or in stages:

The airline is planning to phase out the aircraft at the end of this year.

(Definition of “phase sth out” from the Cambridge Business English Dictionary © Cambridge University Press)