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tailspin

noun
 
 
/ˈteɪlˌspɪn/

Definition

[C usually singular] a situation in which a plane turns round and round as it falls quickly towards the groundRevolving, rotating and spinningAviationTravelling by aircraftMovement through the air [S] a situation in which something starts to fail or lose value and gets more and more out of control: Share prices went into a tailspin when the president resigned.FailuresAccidents and disastersHigher and lower points of achievement
(Definition of tailspin noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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