Meaning of “hike” in the English Dictionary

"hike" in British English

See all translations

hikenoun [ C ]

uk /haɪk/ us /haɪk/

hikeverb

uk /haɪk/ us /haɪk/

(Definition of “hike” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"hike" in American English

See all translations

hikeverb

us /hɑɪk/

hike verb (WALK)

[ I ] to walk a long distance, esp. in the countryside:

We plan to hike from lake to lake.
I’ve got to hike back to my car to get my jacket.

hike verb (INCREASE)

[ T ] to increase the cost of something:

Dairies have hiked milk prices again.

hikenoun [ C ]

us /hɑɪk/

hike noun [ C ] (WALK)

a long walk, esp. in the countryside:

a 10-mile hike

hike noun [ C ] (INCREASE)

an increase in the cost of something, esp. a large or unwanted increase:

a tax hike

(Definition of “hike” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"hike" in Business English

See all translations

hikenoun [ C ]

uk /haɪk/ us

an increase in the amount or cost of something, especially a large or sudden increase:

a pay/wage hike The governor is concerned that businesses might respond to a wage hike by cutting jobs.
a price/rate/tax hike
a hike in sth Ethanol, a fuel made from corn, has seen a 30 percent hike in production in the past year.

hikeverb [ T ]

uk /haɪk/ us

to increase the amount or cost of something, especially suddenly or by a large amount:

hike prices/rates (on sth) The company announced it will hike prices on its cereals as much as 4 percent to cover higher grain and energy costs.
hike sth by sth The bank hiked interest rates by 1.5 percentage points, the largest rise in almost two years.

(Definition of “hike” from the Cambridge Business English Dictionary © Cambridge University Press)