up or out
Speech parts
1. up or out - Noun
2. up or out - Adjective
Meaning
up or out (uncountable)
The practice of forcing employees not promoted in a timely fashion to terminate employment.
We follow up or out at six years. Either you become a partner or you are gone.
up-or-out (comparative more up-or-out, superlative most up-or-out)
Relating to the practice of forcing employees not promoted in a timely fashion to terminate employment.
We follow an up-or-out policy at six years. Either you become a partner or you are gone.
Alternative names
up-or-out
Examples
I had no place to go. It was up or out.