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plummet

/ˈplʌm.ət/
noun

  1. A piece of lead attached to a line, used in sounding the depth of water, a plumb bob or a plumb line

  2. Hence, any weight

  3. A piece of lead formerly used by school children to rule paper for writing (that is, to mark with rules, with lines)

verb

  1. To drop swiftly, in a direct manner; to fall quickly.

    "After its ascent, the arrow plummeted to earth."

Synonymsdive, drop, fall
Antonymsascend, rise, rocket, skyrocket, soar

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