Slump
Pronunciation: /ˈslʌmp/
Slump (noun)
- A sudden drop in business activity or prices.
- A sudden fall or collapse of a person or thing.
Examples
- The company faced a severe slump in sales last year.
- A slump in the housing market affected many families.
Common collocations: economic slump, sales slump, market slump, sudden slump, physical slump
Slump (verb)
- To suddenly decrease or fall in amount or value.
- To sit down heavily and without energy.
Examples
- The stock prices slumped after the announcement.
- Temperatures slumped overnight due to the cold front.