Definition of 'slump'

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Noun

1. a noticeable deterioration in performance or quality; "the team went into a slump"; "a gradual slack in output"; "a drop-off in attendance"; "a falloff in quality"
      Synonyms: slack drop-off falloff falling off
2. a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
      Synonyms: depression economic crisis

Verb

1. assume a drooping posture or carriage
      Synonyms: slouch
2. fall or sink heavily; "He slumped onto the couch"; "My spirits sank"
      Synonyms: slide down sink
3. fall heavily or suddenly; decline markedly; "The real estate market fell off"
      Synonyms: fall off sink
4. go down in value; "the stock market corrected"; "prices slumped"
      Synonyms: decline correct

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