A "freezeout" is a term commonly used in poker, particularly in tournament settings. It refers to a situation where players are eliminated from the game due to losing all their chips. In a freezeout tournament, once a player is out of chips, they cannot re-enter the game, making it different from rebuy tournaments where players can buy back in. In a freezeout format, the goal is to outlast all other competitors to win the tournament. Players must manage their chip stacks carefully, as poor decisions can lead to early elimination. This format emphasizes skill and strategy, as players cannot rely on re-entering the game to recover from losses.