SLUMP


Meaning of SLUMP in English

I. slump 1 /slʌmp/ BrE AmE verb [intransitive]

[ Date: 1600-1700 ; Origin: Probably from a Scandinavian language ]

1 . to fall or lean against something because you are not strong enough to stand

slump against/over/back etc

She slumped against the wall.

Carol slumped back in her chair, defeated.

Ben staggered and slumped onto the floor.

2 . to suddenly go down in price, value, or number OPP soar :

Sales slumped by 20% last year.

slump to

The currency slumped to a record low.

3 . ( also be slumped ) if your shoulders or head slump or are slumped, they bend forward because you are unhappy, tired, or unconscious:

Her shoulders slumped and her eyes filled with tears.

II. slump 2 BrE AmE noun [countable usually singular]

1 . a sudden decrease in prices, sales, profits etc

slump in

a slump in car sales

2 . a period when there is a reduction in business and many people lose their jobs OPP boom :

The war was followed by an economic slump.

a worldwide slump

3 . especially American English a period when a player or team does not play well

in a slump

The Dodgers have been in a slump for the last three weeks.

• • •

THESAURUS

▪ recession a period when a country’s economic growth stops and there is less trade:

The industry has cut jobs due to the recession.

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fears that the economy may be sliding into recession

▪ depression a long period during which there is a bad recession, so that there is very little business activity and a lot of people do not have jobs:

During the depression of the 1930s, as many as 20% of the population were jobless.

▪ slump a fairly short period when there is a reduction in business and many people lose their jobs:

The slump in the housing market is making it difficult for people to sell their homes.

▪ slowdown a period when there is a reduction in business activity, that may be the start of a recession:

High prices could tip the slowdown in the US into a world recession.

▪ downturn a period during which there is a reduction in business activity and economic conditions become worse, when before the economy was growing:

Public spending may reduce the effects of the downturn.

▪ crash an occasion when the value of stocks and shares on a stock market falls suddenly and by a large amount, causing economic problems:

The Wall Street Crash of 1929 was disastrous for not only the American economy, but for the world economy.

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.