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English definition of “nosedive”

nosedive

noun [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.Falling and droppingMoving downwards a sudden fast fall in prices, value, etc.: There was alarm in the markets when the dollar took a nosedive.Value and price decreases

nosedive

verb [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.Moving downwardsFalling and dropping to suddenly fall in value, quickly and by a large amount: House prices nosedived without warning.Becoming and making smaller or lessBecoming and making less strong
(Definition of nosedive from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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