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Plummet: Definition, Usage & Common Mistakes

Meaning 1:drop sharply and steeply (plummet)

plummet 🔊
/ˈplʌmɪt/
vi.
to fall very quickly and steeply, like a stone dropping straight down.
Plummet definition illustrated by a steep red line dropping on a stock market chart
drop sharply and steeply 🔊
/drɒp ˈʃɑːpli ənd ˈstiːpli/
vi.
To fall very quickly in a nearly vertical manner, often used for prices, values, or objects.
📁 Category:Social Economy 🔖 Level:Intermediate

📘 Details & Usage

📖 Root Explanation
From Latin 'plumbum' (lead), as a lead weight used for vertical measurement.
💡 Mnemonic
Think of a heavy PLUM MET hitting the ground: falling fast and straight down.
📖 Example
After the company released the bad news, its stock price plummeted by 30% in just one hour. 🔊 This illustrates how a stock price can fall rapidly after negative news.
🔗 Collocations
plummet to – fall quickly to a low level
plummet from – drop rapidly from a higher point
plummet in value – decrease sharply in worth
🔄 Synonyms
plunge (vi.) – to fall or drop suddenly and steeply
tumble (vi.) – to fall quickly and uncontrollably
nose-dive (vi.) – to drop sharply, especially in value
🚫 Antonyms
soar (vi.) – to rise or increase rapidly
rise (vi.) – to move upward
climb (vi.) – to go up gradually
📖 Cultural Story
Originates from Latin 'plumbum' (lead), used in plumb lines for depth sounding. In modern finance, it frequently describes sharp drops in stock prices or economic indicators.
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