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An extremely swift, acute downturn, as in market activity.


(Banking & Finance) a sudden and swift downturn, esp in financial markets



v. spun, spin•ning,
n. v.t.
1. to make (yarn) by drawing out, twisting, and winding fibers.
2. to form (the fibers of any material) into thread or yarn.
3. to produce (a thread, web, cocoon, etc.) by extruding from the body a viscous filament that hardens in the air.
4. to cause to rotate rapidly; twirl; whirl: to spin a coin on a table.
5. to produce, fabricate, or evolve in a manner suggestive of spinning thread: to spin a tale.
6. to draw out, protract, or prolong (often fol. by out): She spun the project out for over three years.
7. Slang. to cause to have a particular bias; influence in a certain direction: His assignment was to spin the reporters after the president's speech.
8. to revolve or rotate rapidly, as the earth or a top.
9. to produce a thread from the body, as a spider or silkworm.
10. to produce yarn or thread by spinning.
11. to move or travel rapidly.
12. to have a sensation of whirling; reel: My head began to spin.
13. to fish with a spinning or revolving bait.
14. spin off, to create or derive, based on something already existing: They took the character of the uncle and spun off another TV series.
15. the act of causing a spinning or whirling motion.
16. a spinning motion or movement.
17. a downward movement or trend, esp. one that is sudden, alarming, etc.
18. a short ride or drive for pleasure.
19. Slang. a particular viewpoint or bias, esp. in the media; slant: They tried to put a favorable spin on the news coverage of the controversial speech.
20. Also called tailspin. the descent of an aircraft, nose-down, in a helical path.
21. Physics. the intrinsic angular momentum characterizing each kind of elementary particle, having one of the values 0, ½, 1, 3/2, … when measured in units of Planck's constant divided by 2π.
spin one's wheels, to waste one's efforts.
[before 900; Middle English; Old English spinnan, c. Old Frisian, Old Norse spinna, Middle Low German, Old High German spinnen, Gothic spinnan]
syn: See turn.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.downspin - a swift and dangerous downturn
downturn, downswing - a worsening of business or economic activity; "the market took a downturn"
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References in periodicals archive ?
At Copenhagen the failure to fully articulate a legally binding treaty pushed the price of carbon into a global downspin, putting a halt to carbon trading as a mechanism to reduce emissions.
Hopkinton senior Hanna Engstrom (12 kills, 5 aces) -- an athletic lefty who is committed to play volleyball at Trinity College next year -- kept the Rangers off-balance with her downspin laden serves, bringing the game even at 20 when Scioletti's return went long.
The resulting downspin of my psyche sent me deep, deep into the pain characterized by silence.
It turns out that although suffering from a serious downspin in revenue, telegraph companies are alive and well.