The phrase "knocks bottom out" is spelled with a silent "k" at the beginning of "knocks." The "k" is there because it comes from the Old English "cnocian." The "o" in "knocks" is pronounced like the "o" in "block" IPA: /nɑks/. "Bottom" is spelled phonetically in English, with a long "o" sound IPA: /ˈbɑtəm/. "Out" is also spelled phonetically, IPA: /aʊt/. Together, the phrase means to completely defeat or ruin something.
The phrase "knocks bottom out" is an idiomatic expression that refers to a very sudden or significant decrease in value or price, often resulting in financial losses or ruin. This phrase is commonly used in the context of the stock market or the economy, but can also be applied to a wide range of situations.
When something "knocks bottom out," it means that it has caused a significant and sudden drop in the value of something, usually an asset or investment. This drop is usually so severe that it hits the lowest possible point or level, causing losses for those involved. It implies that the value or price has plummeted to an extreme extent, leaving those affected in a dire financial situation.
This phrase conveys the idea of hitting rock bottom and the subsequent destructive consequences. It suggests a sudden and overwhelming loss of value, often leaving people or businesses in financial distress. It emphasizes the force and severity of the decline, and the speed at which it occurs.
For example, in the context of the stock market, if a major economic crisis occurs and causes stock prices to plummet, it can be said that it "knocks the bottom out" of the market, leaving investors with significant losses. Similarly, if a new technology or invention becomes widely available, it can "knock the bottom out" of a previously valuable product, making it virtually worthless.