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What is a sellout?

What is a sellout? Here are some definitions.

Noun
  1. An action in which principles are compromised for financial gain.
  2. A person who compromises his or her principles for financial gain.
  3. The selling of an entire stock of something, especially tickets for an entertainment or sports event.
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Examples
A mini-riot ensues when word of the sellout reaches the scores of ticketless Beatlemaniacs still in line.
Members see any concession not as a necessary compromise but as an unforgivable sellout to a sworn enemy.
Wolf expects a sellout of 25,000 tickets within three weeks of the April 22 sale date.
Judging and keeping tabs on who or what is cool and who is a sellout is a tremendous waste of time.
With comments like that, it is little wonder that the market was surprised by the sellout move.
Canadians should feel a sense of outrage over this lack of debate on a bill that will enable a complete sellout.

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