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nosedive (plural nosedives)
- A headfirst fall or jump.
- (aviation) A drop in altitude with the nose of the craft angled downwards.
- (economics, etc.) A rapid fall, e.g. in price or value.
- 2022 April 6, Howard Johnston, “SRA: Lets not make the same mistakes with GBR”, in RAIL, number 954, page 34:
- Byers was frequently at odds with Rail Regulator Sir Tom Winsor, but quit after 11 months - his career took a nosedive when he admitted false claims for £125,000 expenses, and he was banned from the House of Commons for two years.
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