fiasco

[ fee-as-koh or especially for 2, -ah-skoh ]
/ fiˈæs koʊ or especially for 2, -ˈɑ skoʊ /

noun, plural fi·as·cos, fi·as·coes.

a complete and ignominious failure.
a round-bottomed glass flask for wine, especially Chianti, fitted with a woven, protective raffia basket that also enables the bottle to stand upright.

Origin of fiasco

1850–55; < Italian: literally, bottle < Germanic (see flask1); sense “failure” from Italian phrase far fiasco to fail, literally, to make a bottle, idiom of uncertain origin
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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British Dictionary definitions for fiasco

fiasco

/ (fɪˈæskəʊ) /

noun plural -cos or -coes

a complete failure, esp one that is ignominious or humiliating

Word Origin for fiasco

C19: from Italian, literally: flask; sense development obscure
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012