tailspin
noun /ˈteɪlspɪn/
/ˈteɪlspɪn/
[singular]- a situation in which a pilot loses control of an aircraft and it turns round and round as it falls quickly towards the ground, with the back making larger circles than the front
- to go into a tailspin
- a situation that suddenly becomes much worse and is not under control
- Following the announcement, share prices went into a tailspin.