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Wipeout

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Wipeout
A significant loss on an investment. For example, a wipeout occurs if one buys a stock at $100 per share and the price later drops to $4. An investment is unlikely to recover from a wipeout.


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Under the Loft Music banner, the enterprising pair began expanding into the video game sectors and found that the music of their house band Trafik , of which they are both members, tied in perfectly with some of the more high octane racing titles, and were soon approached by SCE Studio Liverpool to use some of their music on the PlayStation 3 game Wipeout HD Fury.
The self-employed window cleaner received pounds 10,000 when he won the action-packed BBC1 show Total Wipeout on Saturday night.
ECB are no longer left out of pocket by total wipeouts - they were i n s u re d against their pounds 1.
 
 
 
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