Nosedive
Posted by: Josef Essberger
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.
Posted by Josef Essberger October 2008
4 comments
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Anushka says:
Thank you!
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Linda k (Hollywood) says:
Hi Everyone
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”Good luck
Linda K (Hollywood) -
Joe says:
Yes, Hanane, something that drops steeply, and fast. Another word for the same action is: “plunge”
Their operating profits plunged 40%.
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hanane says:
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.
Regards