Wipeout

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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.
References in periodicals archive ?
The story: Anne Marie had the makings of a world-class surfer before a wipeout and a bump on the noggin made her tentative when it comes to tackling the big waves.
THE WATER'S FINE, BUT REST OF THE STORY'S ALL WET
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