slump
pronunciation
How to pronounce slump in British English: UK [slʌmp]
How to pronounce slump in American English: US [slʌmp]
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- Noun:
- a noticeable deterioration in performance or quality
- a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
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- Verb:
- assume a drooping posture or carriage
- fall or sink heavily
- fall heavily or suddenly; decline markedly
- go down in value
Word Origin
- slump (v.)
- 1670s, "fall or sink into a muddy place," probably from a Scandinavian source such as Norwegian and Danish slumpe "fall upon," Swedish slumpa; perhaps ultimately of imitative origin. Related: Slumped; slumping. The word "slump," or "slumped," has too coarse a sound to be used by a lady. [Eliza Leslie, "Miss Leslie's Behaviour Book," Philadelphia, 1839] Economic sense from 1888.
- slump (n.)
- "act of slumping, slumping movement," 1850; "heavy decline in prices on the stock exchange," 1888, from slump (v.). Generalized by 1922 to "sharp decline in trade or business."
Example
- 1. China has rebounded from the global slump with vigour .
- 2. My country will not be spared this slump .
- 3. A global slump is likely to change migration flows significantly .
- 4. Despite the global slump , asian growth continues .
- 5. Creditworthy governments will not accept the alternative of a big slump .