phaseout

 [feyz-out]  

phase·out

   [feyz-out]
noun
an act or instance of phasing out; planned discontinuation or expiration.
Also, phase-out.

Origin:
1955–60; noun use of verb phrase phase out
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Phaseout is always a great word to know.
So is slumgullion. Does it mean:
a stew of meat, vegetables, potatoes, etc.
the offspring of a zebra and a donkey.
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