Plummeting

Plummeting refers to the act of falling or dropping suddenly and steeply, often used to describe a rapid decrease in quantity, value, or intensity. This term is frequently associated with declines in markets, climate conditions, or personal fortunes. The connotation generally implies gravity and urgency in the decline.

Plummeting meaning with examples

• The stock market experienced plummeting prices yesterday, with several key indices dropping by over five percent. Investors are concerned about the potential long-term effects of rising interest rates and inflation on economic growth, leading to widespread panic and a rush to sell off assets.
• Temperatures are plummeting across the region as a cold front moves in from the north, prompting officials to issue warnings about the potential for frost and icy conditions. Residents are urged to take precautions to protect plants and animals from the severe weather.
• During the pandemic, many restaurants faced plummeting revenues due to restrictions on dining in. Owners struggled to adapt to the new reality, implementing takeout services and outdoor seating in an effort to survive the financial turmoil and keep their businesses afloat.
• Plummeting enrollment numbers at the university have raised concerns among faculty about future funding and resource allocation. There is an ongoing discussion about strategies to attract more students and improve retention rates, highlighting the challenges faced by educational institutions today.