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English definition of “nosedive”

nosedive

noun [C]  /ˈnoʊzˌdɑɪv/ us  
(esp. of an aircraft) a fast and sudden fall to the ground with the front pointing down: fig. Stock prices took a nosedive (= a sudden fall in value).
nosedive
verb [I]  /ˈnoʊzˌdɑɪv/ us  
fig. Profits nosedived in the last quarter.
(Definition of nosedive from the Cambridge Academic Content Dictionary © Cambridge University Press)
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