Longman Dictionary of Contemporary English homepage

nosedive

2 verb
     
Related topics: Air
nosedive2 [intransitive]
1B if a price, value, or condition of something nosedives, it suddenly goes down or gets much worse [= plummet]:
Sales have nosedived since January.
2TTA if a plane nosedives, it drops suddenly and steeply with its front end pointing towards the ground
Definition from the Longman Dictionary of Contemporary English
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