Meaning of the word plummets in English

What does plummets mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

plummets

US /ˈplʌm.ɪts/
UK /ˈplʌm.ɪts/

Verb

fall or drop straight down at high speed

Example:
The stone plummets into the deep well.
His popularity plummets after the scandal.