nosedive Meaning, definition in Cambridge English Dictionary
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Meaning of "nosedive" - English Dictionary

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nosedivenoun [C usually singular]

uk   /ˈnəʊz.daɪv/  us   /ˈnoʊz-/
a fast and sudden fall to the ground with the front pointing down: The plane roared overhead and went into a nosedive. a sudden fast fall in prices, value, etc.: There was alarm in the markets when the dollar took a nosedive.

nosediveverb [I]

uk   /ˈnəʊz.daɪv/  us   /ˈnoʊz-/
to suddenly fall to the ground with the front pointing down: Spectators in the crowd watched in horror as the plane nosedived. to suddenly fall in value, quickly and by a large amount: House prices nosedived without warning.
(Definition of nosedive from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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