nosedive (plural nosedives)
A headfirst fall or jump
A rapid fall in price or value
- (intransitive, of aircraft) To dive down in a steep angle.
- (intransitive, economy) To perform a rapid fall in price or value.
- 2020 July 29, Paul Stephen, “A new collaboration centred on New Street”, in Rail, page 56:
- With punctuality nosediving and both overcrowding and cancellations on the rise, a new simplified timetable was introduced in December amid threats from the Mayor that he would ask the Secretary of State for Transport to strip Abellio of the franchise.
To dive down in a steep angle
To perform a rapid fall in price or value