Definition, Meaning & Synonyms

go-in-the-tank

idiomatic expression
/ɡoʊ ɪn ðə tæŋk/
Definition
To become unsuccessful, to experience a significant decline, especially in terms of value or status.
Examples
  • If the company’s sales keep dropping like this, they’re going to go in the tank soon.
  • After the poor financial report was released, the stock market went in the tank.
  • His chances of getting promoted really went in the tank after that last presentation.
Meaning
This phrase often describes a situation in which a person, business, or investment suffers a downturn, leading to financial loss or failure.
Synonyms
  • fail
  • collapse
  • decline
  • deteriorate