TAILSPIN Meaning of TAILSPIN in English n. & v.n. 1 a spin (see SPIN n. 2) by an aircraft with the tail spiralling. 2 a state of chaos or panic. v.intr. (-spinning; past and past part. -spun) perform a tailspin. Concise Oxford English dictionary. Краткий оксфордский словарь английского языка. 2012