dive verb - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “dive”

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dive

verb [I]
 
 
/daɪv/ (dived, US also dove, dived)
to suddenly become less valuable: Shares prices dived 3.5% today to a three-month closing low. Pre-tax profits dove almost 60% to $105m against $245m in the same period last year.
(Definition of dive verb from the Cambridge Business English Dictionary © Cambridge University Press)
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