Definition of fiasco noun from the Oxford Advanced Learner's Dictionary

 

fiasco

 noun
noun
BrE BrE//fiˈæskəʊ//
 
; NAmE NAmE//fiˈæskoʊ//
 
(pl. fiascos, (North American English also)fiascoes)(informal)
 
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something that does not succeed, often in a way that causes embarrassment synonym disaster The party was a complete fiasco. What a fiasco! After the fiasco over the brochures, I decided to take charge of the marketing. Word Origin mid 19th cent.: from Italian, literally ‘bottle, flask’, in the phrase far fiasco, literally ‘make a bottle’, figuratively ‘fail in a performance’: the reason for the figurative sense is unexplained.
See the Oxford Advanced American Dictionary entry: fiasco