From Longman Dictionary of Contemporary Englishbottom out phrasal verbPEif a situation, price etc bottoms out, it stops getting worse or lower, usually before improving again → level off/out There are signs that the recession has bottomed out. → bottom→ See Verb tableFrom Longman Business Dictionarybottom out phrasal verb [intransitive] to stop getting worse and begin to improve againWe think the business jet market has bottomed out and we see steady growth in the years ahead. → bottom→ See Verb table
