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Joe's Cafe, 24/7 pit stop for ESL learners and teachers | October 2008
Egg's off, bacon's off, bread's off, tea's off. English is on though.
Nosedive
You may have seen those scary headlines in financial papers, or on TV: “Markets nosedive” What does “nosedive” mean? These two pictures should make it clear. The first one shows an aircraft nosediving. The second one is a chart of a stock that opened at $90 at 9am and then nosedived between 3pm and 4pm to finish at $30.
Joe | Saturday, October 25th, 2008 | Filed under Vocabulary
4 Responses to “Nosedive”Leave a Comment |  Personal blog of Josef Essberger, EnglishClub founder Browse by Category |
25th October 2008 at 5:51 pm
Hello Dear Joe,
thank you for enriching our vocabulary. So, nosedive refers to something that is getting lower or smaller or to something that drops steeply.
Regards
25th October 2008 at 6:18 pm
Yes, Hanane, something that drops steeply, and fast. Another word for the same action is: “plunge”
Their operating profits plunged 40%.
5th June 2009 at 6:24 am
Hi Everyone
Nosedive(n) A very steep of an aircraft.
A sudden,swift drop or plunge: A sudden sharp drop
or rapid decline, “Stock prices took a nosedive”
Good luck
Linda K (Hollywood)
20th June 2009 at 3:27 am
Thank you!