Having a bottom; reaching or touching a bottom surface; in a particular condition regarding the bottom.
From 'bottom' (Old English 'botm,' possibly related to 'abyss') + past participle -ed. The word gained multiple meanings: having touched bottom (nautical), having a specified type of bottom, or being at the lowest point.
The phrase 'bottoming out' actually comes from nautical language—ships feared hitting the bottom. Now we use it for economics, emotions, and health. One old metaphor, infinite modern uses!
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