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plummet

[pluhm-it] /ˈplʌm ɪt/
noun
1.
Also called plumb bob. a piece of lead or some other weight attached to a line, used for determining perpendicularity, for sounding, etc.; the bob of a plumb line.
2.
something that weighs down or depresses.
verb (used without object)
3.
to plunge.
Origin
1350-1400
1350-1400; (noun) Middle English plommet < Middle French, diminutive of plomb lead; (v.) derivative of the noun See plumb, -et
Related forms
unplummeted, adjective
Synonyms
3. fall, dive, drop, swoop.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for plummeting
  • Well before the plummeting value of the dollar was a hot topic, the movement to abolish the penny had been gaining currency.
  • The price of the software that enables such learning experiences is plummeting.
  • But the firm's problems have extended beyond plummeting sales.
  • And with prices now plummeting one might predict a return to the age of abundant, cheap fossil fuel.
  • Now, however, the gray seals are thriving while harbor seal populations are plummeting.
  • Consumer spending on appliances and autos is also plummeting.
  • The result was a vast oversupply, which led to plummeting prices.
  • The company hadn't introduced a truly new product in three years, and its stock price was plummeting.
  • Economic development, historical preservation and plummeting crime rates in the area have contributed to a kind of boom.
  • Eventually, this meteor began plummeting through the atmosphere.
British Dictionary definitions for plummeting

plummet

/ˈplʌmɪt/
verb -mets, -meting, -meted
1.
(intransitive) to drop down; plunge
noun
2.
another word for plumb bob
3.
a lead plumb used by anglers to determine the depth of water
Word Origin
C14: from Old French plommet ball of lead, from plomb lead, from Latin plumbum
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for plummeting

plummet

n.

late 14c., "ball of lead, plumb of a bob-line," from Old French plomet "graphite, lead; plummet, sounding lead," diminutive of plom "sounding lead" (see plumb (n.)).

v.

1620s, "to fathom, take soundings," from plummet (n.). Meaning "to fall rapidly" first recorded 1933, perhaps originally among aviators. Related: Plummeted; plummeting.

Online Etymology Dictionary, © 2010 Douglas Harper
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