Meaning of “slump” in the English Dictionary

"slump" in British English

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

"slump" in American English

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us /slʌmp/

slump verb (FALL)

[ I always + adv/prep ] to fall heavily and suddenly:

She slumped to the floor in a faint.

slump verb (BEND)

[ I always + adv/prep ] to stand or sit bent over, with the head and shoulders forward; slouch:

The old man slumped in his chair, asleep.
We both slumped against the wall.

slump verb (REDUCE SUDDENLY)

[ I ] to fall suddenly in price, amount, or value:

Home computer sales slumped dramatically last year.

slumpnoun [ C ]

us /slʌmp/

slump noun [ C ] (REDUCE SUDDENLY)

a sudden fall in prices, amount, or value, or a period of time when something is in a bad state:

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 /slʌmp/ us

a sudden reduction in value, quantity, etc.:

Small investors were badly hit by the stock market slump.
slump in sth There has been a 23% slump in revenue.

ECONOMICS a period of low economic activity:

The company cut over 8000 jobs during the last economic slump.
The government must take drastic measures to lift the country out of this slump

slumpverb [ I ]

uk /slʌmp/ us

to suddenly go down in value, quantity, etc.:

The value of shares slumped by 80% over night.
Sales slumped to an all-time low.

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