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

Verb

1.

to fall very quickly and suddenly:

Example:
House prices have plummeted in recent months.

Noun

1.

a sudden and large reduction in value or amount:

Example:
The petrol retailer denies its 25% dividend hike is to prop up the shares after a plummet in the price from 270p to 118p.
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