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English definition of “nosedive”

nosedive

noun [C usually singular]     /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
(Definition of nosedive noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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