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What does strikeout mean? strikeout. Noun 1. An instance or the act of yielding nothing For example, Weamp;#39;ve had one strikeout after the other on the Jones account. 2. (baseball) ; An instance or the act of striking out For example, The pitcher recorded seven strikeouts in the game. 3. (computing, wordprocessing) ; Cancellation of a portion of text by crossing it out without deleting it; strikethrough.