go into free fall

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go into free fall

To experience a sudden, rapid, and uncontrollable decline (e.g., in value, reputation, success, etc.) that continues unabated for an indefinite length of time. The stock market went into free fall after the housing market collapsed. After getting busted by the police last year, John's life has gone into free fall.
See also: fall, free, go

go into freefall

JOURNALISM
COMMON If the value or level of something goes into freefall, it starts to fall very quickly. A massive £8bn was wiped off values, and the pound went into freefall. Fears are now widespread that shares could go into freefall before Christmas. Note: You can also say that the value or level of something is in freefall. Perot's ratings were in freefall, his election campaign a disaster. Note: You can also say that the value or level of something freefalls. His career seemed about to freefall into oblivion. Note: In parachuting, freefall is the part of the jump before the parachute opens.
See also: freefall, go

be in/go into ˌfree ˈfall

be falling/start to fall rapidly: Share prices are in free fall in Tokyo this morning.The value of the euro against the dollar went into free fall as soon as the news was announced.
From the moment you jump out of a plane until the moment your parachute opens, you are in free fall.
See also: fall, free, go
References in periodicals archive ?
A senior broker observed that much of the selling in the last few days by mutual funds was 'stop-loss selling' to protect their 'capital guaranteed funds', which triggered automatic forced sell-off in the event of the benchmark Index going into free fall below a specified level.
"I avoided much more severe injuries only thanks to a split second when the lift paused at the top before going into free fall, giving me enough time to grab a railing.
As well as co-writing the script, she heads the cast as Annie, a woman whose personal and professional lives are going into free fall just as her lifelong best friend Lillian (Maya Rudolph) announces her engagement.
Stocks around the world are going into free fall as the U.S.-triggered financial crisis goes from bad to worse.
And in a further swipe, Giles demands action from Sam Hammam to stop the Bluebirds going into free fall.
Seeing the stock market going into free fall is a frightening experience.