Homonym: slashing (Cutting)
Slashing is a term used in various contexts, but it often refers to a method of penalizing participants in a blockchain network. In this context, if a validator behaves maliciously or fails to perform their duties, a portion of their staked cryptocurrency can be confiscated or "slashed." This mechanism helps maintain the integrity and security of the network by discouraging dishonest behavior.
In the world of finance, slashing can also refer to significant price reductions or cuts in budgets. For example, a company might slash its prices to attract more customers or respond to market competition. This strategy can help boost sales but may also impact profit margins.