Nosedive

Posted by: Josef Essberger
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 […]

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.

nosedive


Posted by Josef Essberger October 2008
Josef founded EnglishClub for learners and teachers of English in 1997

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