Meaning of fiasco

fi•as•co

Pronunciation: (fē-as'kō or, esp. for 2, -ä'skō), [key]
— pl. -cos, -coes.
  1. a complete and ignominious failure.
  2. a round-bottomed glass flask for wine, esp. Chianti, fitted with a woven, protective raffia basket that also enables the bottle to stand upright.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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