* * *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
* * *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.