nosedive /ˈnəʊzdaɪv/noun 3verb 2forms 4 noun3 •A headfirst fall or jump. •A rapid fall, e.g. in price or value. •A drop in altitude with the nose of the craft angled downwards. verb2 •To dive down in a steep angle. •To perform a rapid fall in price or value. formsnosedived · nosedove · nosediving · nosedives