meltdown

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melt|down /m'eltdaʊn/ (meltdowns)
1 [N-VAR]
If there is meltdown in a nuclear reactor, the fuel rods start melting because of a failure in the system, and radiation starts to escape.
Emergency cooling systems could fail and a reactor meltdown could occur.
2 [N-UNCOUNT] with supp
The meltdown of a company, organization, or system is its sudden and complete failure. (JOURNALISM)
Urgent talks are going on to prevent the market going into financial meltdown during the summer.

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