You may have seen those scary headlines in financial papers, or on TV: “Markets nosedive”
What does “nosedive” mean? These two pictures should make it clear. The first one shows an aircraft nosediving. The second one is a chart of a stock that opened at $90 at 9am and then nosedived between 3pm and 4pm to finish at $30.
By Josef Essberger for EnglishClub October 2008
Josef started teaching English as a foreign language in 1991 and founded EnglishClub for learners and teachers in 1997.
Linda k (Hollywood) says:
Nosedive(n) A very steep of an aircraft.
A sudden,swift drop or plunge: A sudden sharp drop
or rapid decline, “Stock prices took a nosedive”
Linda K (Hollywood)
Yes, Hanane, something that drops steeply, and fast. Another word for the same action is: “plunge”
Their operating profits plunged 40%.
Hello Dear Joe,
thank you for enriching our vocabulary. So, nosedive refers to something that is getting lower or smaller or to something that drops steeply.