From Longman Dictionary of Contemporary Englishpenalty shoot-outˌpenalty ˈshoot-out noun [countable] DSFan occasion when each team in a football match takes penalty kicks until one team misses the goal – used as a way of deciding which team will win when the ordinary part of the match has ended in a draw
Examples from the Corpus
penalty shoot-out• The mayor is preparing for a charity penalty shoot-out competition at the Leicester City-Middlesbrough game next Wednesday.• At the penalty shoot-out the same dogged evenness was maintained - it went to sudden death.• In the intermediate section, the Giants, a team from Blurton Ladsandads beat Goldenhill in a thrilling penalty shoot-out. 