fiasco

Borrowed from Italian fiasco (“bottle, flask”), from Late Latin flasca, flascō (“bottle, container”), from Frankish *flaskā (“bottle, flask”) from Proto-Germanic *flaskǭ (“bottle”); see flask.

“Failure” sense comes through French faire fiasco from Italian theatrical slang far fiasco (literally “to make a bottle”), of uncertain origin; perhaps from an expression fare il fiasco, meaning to play a game with the forfeit that the loser will buy the next bottle or round of drinks.

Doublet of flacon, flagon, and flask.