Meaning of “precipitous” in the English Dictionary

"precipitous" in British English

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precipitousadjective

uk /prɪˈsɪp.ɪ.təs/ us /priːˈsɪp.ə.t̬əs/

If a slope is precipitous, it is very steep:

a precipitous mountain path

If a reduction or increase is precipitous, it is fast or great:

Over the past 18 months, there has been a precipitous fall in car sales.
precipitously
adverb uk /prɪˈsɪp.ɪ.təs.li/ us /priːˈsɪp.ə.t̬əs.li/

The price of shares dropped precipitously with the news of poor sales figures.

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

"precipitous" in American English

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precipitousadjective

us /prɪˈsɪp·ɪ·t̬əs/

very steep, or falling a long way very fast:

precipitous cliffs
New fads could result in a precipitous drop in sales.

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

"precipitous" in Business English

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precipitousadjective

uk /prɪˈsɪpɪtəs/ us

if a reduction is precipitous, it happens very suddenly and is very big:

a precipitous decline/drop/fall The company has seen a precipitous decline in advertising revenue.

done too quickly without thinking enough about any possible problems:

a precipitous decision
precipitously
adverb

Manufacturing has fallen precipitously.

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