slump
noun/slʌmp/
/slʌmp/
- slump (in something) a sudden fall in sales, prices, the value of something, etc. synonym decline
- a slump in profits
- This is the worst slump in property prices since the 1990s.
Extra ExamplesTopics Moneyc2- The share-price slump has wiped about $10 billion off the company's value.
- a severe slump in much-needed foreign investment
- The recession led to a slump in consumer spending.
Oxford Collocations Dictionaryadjective- global
- world
- worldwide
- …
- in a slump
- into slump
- slump in
- …
- a period when a country’s economy or a business is doing very badly
- the slump of the 1930s
- Housing sales are finally coming out of a three-month slump.
- The toy industry is in a slump.
Extra Examples- The economy is in a prolonged slump.
- The industry is sinking into a slump.
- The present slump has hit manufacturing hard.
Oxford Collocations Dictionaryadjective- global
- world
- worldwide
- …
- in a slump
- into slump
- slump in
- …
compare boom
Word Originlate 17th cent. (in the sense ‘fall into a bog’): probably imitative and related to Norwegian slumpe ‘to fall’.
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slump