take a nosedive

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take a nosedive

1. Of an aircraft, to go into a sudden and rapid descent toward the ground leading with the nose of the plane. Everyone went into a panic when we started taking a nosedive, but the skilled pilot managed to regain control of the plane and landed it safely.
2. Of a person, to fall toward the ground face first. I was so distracted by the girl I like in class that I tripped and took a nosedive right in front of her.
3. By extension, to suddenly and rapidly begin to decline in physical, emotional, or psychological health or stability; to suffer a sudden loss or decline in value or success. My father has held out bravely in his fight against cancer, but I'm afraid he's taken a nosedive in the last couple of weeks. Shares in the company are taking a nosedive ever since news of the tax scandal went public.
See also: nosedive, take

take a nosedive

tv. to collapse; to fail. The market took a nosedive again today.
See also: nosedive, take
References in periodicals archive ?
Unfortunately, when I turned forty in 1990 real estate took a nose-dive and so did my business.
But when Queen Sofia of Spain took a nose-dive, Bill Clinton was quick to offer a helping hand.
In addition to the steep plunge in stocks, bond prices took a nose-dive as well Thursday, pushing the yield on the bellwether 30-year Treasury bond above the psychological 7 percent barrier.
When the 'cure' turned out to be worse than the disease, morale among our technicians took a nose-dive.