Definition, Meaning & Synonyms

the-slump

noun

/ðə slʌmp/

Definition

A significant decline in performance or activity, particularly in economic contexts or productivity.

Examples

After the busy season, sales went into a slump, affecting overall profits.
Many businesses faced challenges during the economic slump, forcing them to make difficult decisions.
The sports team experienced a slump, losing several games in a row.

Meaning

The term ‘the slump’ refers to a period of reduced success, stability, or productivity, often marked by economic downturns or a drop in performance in various fields.