noun a steep and rapid fall or drop
verb to fall or drop quickly and steeply
In construction, 'plummet' can be used to describe the rapid descent of an object or structure, such as a plummet line used for vertical measurements.
In the field of finance, the word 'plummet' is used to describe a sudden and steep decrease in the value of stocks, currencies, or other financial assets.
In sports, 'plummet' can be used to describe a sudden decline in a team's performance or ranking.
In meteorology, 'plummet' is used to describe a rapid and significant drop in temperature or barometric pressure.
In physics, 'plummet' can be used to describe the motion of an object falling freely under the force of gravity.
In journalism, the word 'plummet' is often used to describe a significant decrease in a stock's value or a sudden drop in a company's profits.
Psychologists may use the term 'plummet' to describe a sudden and significant decline in a patient's mental health or emotional well-being.
Economists use 'plummet' to describe a sharp decrease in economic indicators such as GDP, stock prices, or consumer spending.
Meteorologists may use 'plummet' to describe a rapid drop in temperature or air pressure, especially in the context of weather forecasting.
Financial analysts use 'plummet' to describe a sudden and significant decrease in the value of a financial asset, such as a stock, bond, or currency.