IPA: /ˈdaʊnspɪn/
KK: /daʊnspɪn/
A rapid and significant decline, especially in economic or market conditions.
The stock market experienced a downspin after the unexpected news.
This word originates from the combination of 'down' (from Old English 'dūn', meaning downward or lower) and 'spin' (from Old English 'spinnan', meaning to twist or turn). The word 'downspin' refers to a downward motion or rotation.
Think of something moving 'downward' and 'twisting' or 'turning' — that's what downspin means.
No commonly confused words.