Definition of "downspin" []

• An extremely swift, acute downturn, as in market activity. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Mexico, finding itself in the same economic downspin as the rest of the world, is taking steps to jumpstart its economy."
• "Not being an economist I only recall this initial downspin and forecasts being proved wrong - at least in the early going."
• "From Denver, the word was that the United States has been on a desperate decade-long downspin that can only get worse if the Republicans keep the White House."