dip verb definition in Trends topic from the Oxford Advanced Learner's Dictionary

dip

 verb: Trends topic
[intransitive, transitive] to go downwards or to a lower level; to make something do this (+ adv./prep.) The sun dipped below the horizon. Sales for this quarter have dipped from 38.7 million to 33 million. The road dipped suddenly as we approached the town. dip something (+ adv./prep.) The plane dipped its wings.

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Business