Tanked

Tanked is a colloquial and informal term primarily used to describe a sudden and significant decline or failure, often in a financial, economic, or performance context.

It implies a rapid and often dramatic downward trend. This can refer to a decrease in prices, values, sales, or even the morale of a group. The term suggests a sense of loss, disappointment, or a negative outcome that occurs quite quickly. It can also be used to describe a situation where someone has drunk too much alcohol, becoming intoxicated.

Tanked meaning with examples

• The stock market tanked after the unexpected announcement, causing investors to panic and sell their shares. The company's profits tanked, and many feared mass layoffs were imminent. It was a very bad day for shareholders.
• Our sales numbers tanked this quarter due to increased competition and a failed marketing campaign, making us re-evaluate our strategies to avoid further declines. The business tanked, which lead to many job losses.
• The car's value tanked the moment I drove it off the dealership lot, illustrating the rapid depreciation of new vehicles. Despite our efforts to preserve its resale value, it tanked significantly within the first year.
• After only a few days of release, the new movie tanked at the box office, failing to meet even the lowest projections. Despite an all-star cast, public opinion and reviews meant it tanked rather quickly.
• After the party, he was completely tanked, stumbling around and making incoherent statements. He'd consumed far too much alcohol and looked very unsteady as he tried to walk home.