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English definition of “slump”

slump

verb uk   /slʌmp/ us  

slump verb (REDUCE SUDDENLY)

[I] (of prices, values, or sales) to fall suddenly: The value of property has slumped. Car sales have slumped dramatically over the past year.Value and price decreases

slump verb (SIT/FALL)

[I usually + adv/prep] to sit or fall heavily and suddenly: She slumped into the chair, exhausted.Not holding the body uprightReclining

slump

noun [C] uk   /slʌmp/ us  
a fall in the price, value, sales, etc. of something: There's been a slump in the demand for new cars.Value and price decreases a period when an industry or the economy is in a bad state and there is a lot of unemployment: an economic slump The airline industry is currently in a slump.Economics and the state of the economy
(Definition of slump from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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