D defs.my
Entry 3 senses Webster, 1913

Washout

/wäsh'-outˌ/ · Wash·out · IPA /ˈwɔʃˌaʊt/
01 n. The washing out or away of earth, etc., especially of a portion of the bed of a road or railroad by a fall of rain or a freshet; also, a pl…
  1. 1.
    The washing out or away of earth, etc., especially of a portion of the bed of a road or railroad by a fall of rain or a freshet; also, a place, especially in the bed of a road or railroad, where the earth has been washed away.
  2. 2.
    a complete failure; -- of an enterprise.
  3. 3.
    a person who has failed a course of study or training, leaving the program before its completion.