bajar en picada

An intransitive verb phrase is a phrase that combines a verb with a preposition or other particle and does not require a direct object (e.g., Everybody please stand up.).
intransitive verb phrase
1. (to descend at high speed)
Regionalism used in Latin America: all the countries in South America, Central America, and the Caribbean. Does not include Spain.
(Latin America)
a. to nose-dive
El avión bajó en picada, hizo un bucle y luego comenzó a elevarse de nuevo.The plane nose-dived, performed a loop, and then began to rise again.
b. to dive
El águila avistó el conejo y bajó en picada para atraparlo.The eagle spotted the rabbit and dived to catch it.
2. (to decrease sharply)
Regionalism used in Latin America: all the countries in South America, Central America, and the Caribbean. Does not include Spain.
(Latin America)
a. to plummet
El valor de las acciones que compramos ha bajado en picada. Estamos arruinados.The value of the shares we bought has plummeted. We're ruined.
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