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slump |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia | 0.09 sec. |
slumpIn the business or trade cycle, the period of time when the economy is in depression, unemployment is very high, and national income is well below its full employment level. In the UK, the economy experienced a slump in the 1930s (the Great Depression), in 1980-81, and 1990-92. |
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Unless there's a dramatic falloff, it looks like we're going to get it done. The falloff is a perfect example of what happens when a growing company takes its eye off the ball, according to Eric M. Occasionally, they were warned of a falloff to the right or left, or a big step up or down, but they mastered a smooth pace without many verbal cues. |
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