PERCENT PLUNGE Meaning and
Definition
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Percent plunge refers to a significant and sudden decrease in the value or price of a particular asset, security, or financial instrument, measured as a percentage. It is a term used predominantly in the context of financial markets, economics, and business.
The term "percent" refers to a unit of measurement denoting a portion or fraction of a whole expressed as a multiple of 100. A "plunge" indicates a sharp decline or drop in value.
When an asset experiences a percent plunge, it means that its price or value has declined rapidly by a substantial percentage compared to its previous level. This decline is typically unexpected and can occur due to various factors, such as market forces, economic events, corporate news, or geopolitical factors. Percent plunges are often associated with heightened market volatility and can lead to significant financial losses for investors and traders.
The term is frequently used by financial analysts, news outlets, and investors to describe the magnitude and intensity of a decline in a particular market or asset. For instance, a headline might read, "Stock market sees a 10 percent plunge as investors panic over economic uncertainty." In this example, the phrase indicates that the stock market experienced a sudden and significant drop in value, amounting to ten percent below its previous level.
Common Misspellings for PERCENT PLUNGE
- oercent plunge
- lercent plunge
- 0ercent plunge
- pwrcent plunge
- psrcent plunge
- pdrcent plunge
- prrcent plunge
- p4rcent plunge
- p3rcent plunge
- peecent plunge
- pedcent plunge
- pefcent plunge
- petcent plunge
- pe5cent plunge
- pe4cent plunge
- perxent plunge
- pervent plunge
- perfent plunge
- perdent plunge
- percwnt plunge
Etymology of PERCENT PLUNGE
The word "percent plunge" does not have a specific etymology as it is a combination of two words.
1. "Percent": This word originates from the Latin phrase "per centum", which means "by the hundred". It was first used in English in the late 16th century to describe a rate or proportion out of one hundred.
2. "Plunge": This word comes from the Old French word "plongier" meaning "to plunge or dive". It has been used in English since the late 14th century to refer to a sudden, forceful or rapid downward movement.
When combined, "percent plunge" simply describes a significant and sudden decline or drop expressed as a percentage.
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