Blowout (noun)

1. An act of blowing something out, especially air from a tyre.
2. A sudden and severe financial collapse or failure.
3. A sudden and overwhelming defeat in a game or competition.
4. A sudden and violent release of gas and mud from a volcano or volcano-like structure.

Origin:

Late 19th century; earliest use found in scientific american. from blow + -out.

Examples:

1. The car had a blowout and was forced to pull over.
2. The company's blowout was caused by bad investments.
3. The team suffered a blowout loss in the championship game.
4. The volcano's blowout sent ash and mud flying into the air.
5. She had a blowout on her birthday and got drunk.