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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

in the tank

Used to describe a security or a securities market during or following a period of large price declines.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Fish are very hard to control, so I made a point of trying to shoot almost every fish I had in every conceivable position in the tank, in order to make sure I had a good selection for the montage.
JW: We now had the molds correctly set in the tank. The next thing was to acquire the material from the ocean.
Other than that processing, they kept us in the tank until 5 A.M.