in the tank

Also found in: Dictionary, Idioms.

In the tank

Used in the context of general equities. Slang expression meaning market prices are dropping rapidly.

In the Tank

Informal; Describing a security or market in which price(s) are dropping rapidly. The term may refer to drops in a single trading day or over several trading days. When a market goes in the tank, it may trigger a panic sale.

in the tank

Used to describe a security or a securities market during or following a period of large price declines.