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knockout

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knockout
I
knockout1 /ˈnɒk-aʊt $ ˈnɑːk-/ noun [countable]
1. when a boxer hits his opponent so hard that he falls down and cannot get up again:
    The fight ended in a knockout.
2. informal someone or something that is very attractive or successful:
    Her dress was a knockout.
3. a type of competition in which only the winning players or teams at each stage continue to play until there is only one winner

II
knockout2 adjective informal
1. knockout punch/blow
  a. a hard hit that knocks someone down so that they cannot get up again
  b. an action or event that causes defeat or failure:
    High interest rates have been a knockout blow to the business.
2. relating to a type of competition in which only the winning players or teams at each stage continue to play:
    Scotland’s failure to get through the knockout stage of the competition
3. knockout pills/drops etc pills etc that make someone unconscious