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English definition of “skyrocket”

skyrocket

verb [I]     /ˈskaɪˌrɒk.ɪt/ US  /-ˌrɑː.kɪt/
to rise extremely quickly or make extremely quick progress towards success: Housing prices have skyrocketed in recent months. → Synonym rocket verbValue and price increases
(Definition of skyrocket verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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