phaseout

1 of 2

noun

phase·​out ˈfāz-ˌau̇t 

: a gradual stopping (as in operations or production) : a closing down by phases

phase out

2 of 2

verb

phased out; phasing out; phases out

transitive verb

: to discontinue the practice, production, or use of by phases

intransitive verb

: to stop production or operation by phases

Examples of phaseout in a Sentence

Recent Examples on the Web

Noun

The saver's match contribution is subject to an income phaseout for single taxpayers with AGI of $20,500 (phasing out entirely at $35,500 ) and AGI of $41,000 for married taxpayers filing jointly (phasing out entirely at $71,000). —Kelly Phillips Erb, Forbes, 5 Sep. 2024

Roth IRAs Taxpayers who wish to contribute to a Roth IRA are subject to phaseout amounts. —Kelly Phillips Erb, Forbes, 11 Sep. 2024

Verb

The chain’s eight Roastery and Reserve locations in the US and China will phase out the label, according to an internal memo seen by Bloomberg News, which didn’t outline the timeline for the removal. —Fortune, 26 Sep. 2024

The country also offered an exemption from the 10% sales tax to defray car costs, which is slated to phase out in 2027. —Mary Cunningham, CBS News, 24 Sep. 2024

Word History

First Known Use

Noun

1951, in the meaning defined above

Verb

1940, in the meaning defined at transitive sense

Kids Definition

phase out

verb

: to discontinue doing, producing, or using

phasing out old machinery