- plunge
- ▪ I. plunge plunge 1 [plʌndʒ] verb [intransitive, transitive]JOURNALISM to suddenly and quickly go down in value or amount; = PLUMMET:
• Stock prices plunged again yesterday.
• The company's shares plunged 33% in a single day.
plunge into phrasal verb [transitive]1. plunge into something to begin to do something suddenly, without thinking about the possible results:• Investors are plunging into the world of international bonds.
2. plunge (somebody/something) into something to start to experience a difficult or unpleasant situation, or to make someone or something start to experience it:• After the war, Europe plunged into recession.
• A disastrous Christmas period plunged the company into a cash crisis.
plunge in• The plunge in oil prices led to losses of about $50 million.
2. take the plunge to finally decide to take a risk, especially after delaying it for a long time:• Advertisers are studying the new technology with interest, but most have yet to take the plunge.
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Ⅰ.plunge UK US /plʌndʒ/ verb [I or T]► to go down in amount or value very quickly and suddenly: markets/sales plunge »Car sales plunged in France in June.
plunge to sth »Share prices plunged $16.74, or 44%, to $20.51 a share.
plunge by sth »The Dow was 40 points ahead, having plunged by 60 points shortly after the opening bell.
plunge from sth »Visitor numbers plunged from 25million in 2010 to 22.8million - but they are now recovering.
Ⅱ.plunge UK US /plʌndʒ/ noun [C]► a sudden and large reduction in value or amount: »We are expecting a plunge in profits this year.
»Profits are being affected by the plunge in the dollar against the euro.
a plunge in prices/sales »The plunge in oil prices has driven fuel bills 12% lower.
Financial and business terms. 2012.