C1nounmoneybusiness
US/slʌmp/
UK/slʌmp/
a sudden or long fall in prices, sales or success
In context
The economy entered a deep slump after the banks failed.
A slump in sales forced the shop to close two branches.
The team has been in a slump since their star player left.
Words that go with slump
adjective + noun
- economic slumpAn economic slump left many people jobless.
- severe slumpA severe slump hit the tourism industry.
noun + preposition
- slump inThere was a slump in house prices.
noun + noun
- sales slumpThe sales slump lasted two years.
verb + noun
- suffer a slumpThe airline suffered a slump in bookings.
verb + preposition
- recover from a slumpThe market slowly recovered from the slump.