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Meaning of “slump” in the English Dictionary

"slump" in British English

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slumpverb

uk   /slʌmp/  us   /slʌmp/

slumpnoun [C]

uk   /slʌmp/  us   /slʌmp/
a ​fall in the ​price, ​value, ​sales, etc. of something: There's been a slump in the ​demand for new ​cars.
a ​period when an ​industry or the ​economy is in a ​badstate and there is a lot of unemployment: an ​economic slump The ​airlineindustry is ​currently in a slump.
(Definition of slump from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"slump" in American English

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slumpverb

 us   /slʌmp/
  • slump verb (FALL)

[I always + adv/prep] to ​fallheavily and ​suddenly: She slumped to the ​floor in a ​faint.
  • slump verb (BEND)

[I always + adv/prep] to ​stand or ​sitbent over, with the ​head and ​shouldersforward; ​slouch: The ​old man slumped in his ​chair, ​asleep. We both slumped against the ​wall.
  • slump verb (REDUCE SUDDENLY)

[I] to ​fallsuddenly in ​price, ​amount, or ​value: Home ​computersales slumped ​dramatically last ​year.

slumpnoun [C]

 us   /slʌmp/
  • slump noun [C] (REDUCE SUDDENLY)

a ​suddenfall in ​prices, ​amount, or ​value, or a ​period of ​time when something is in a ​badstate: a slump in the ​economy The ​team is in a slump this ​year.
(Definition of slump from the Cambridge Academic Content Dictionary © Cambridge University Press)

"slump" in Business English

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slumpnoun [C]

uk   us   /slʌmp/
a sudden ​reduction in ​value, ​quantity, etc.: Small ​investors were badly ​hit by the ​stockmarket slump.slump in sth There has been a 23% slump in ​revenue.
ECONOMICS a ​period of ​loweconomicactivity: The ​companycut over 8000 ​jobs during the last ​economic slump. The ​government must take ​drasticmeasures to ​lift the country out of this slump

slumpverb [I]

uk   us   /slʌmp/
to suddenly go down in ​value, ​quantity, etc.: The ​value of ​shares slumped by 80% over night. Sales slumped to an ​all-timelow.
(Definition of slump from the Cambridge Business English Dictionary © Cambridge University Press)
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“slump” in Business English

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