dip
n. countable C1 Advanced Oxford US //ˈdɪp// UK //dˈɪp// dip
n. a small and temporary drop in the amount or level of something. You might see a dip in sales, prices, or even your energy level.
n. a temporary or slight decrease in the level, amount, or value of something. The term is frequently used to describe fluctuations in data, such as economic indicators, prices, or performance metrics.
The company sees a dip in its quarterly profits.
After the holiday season, retailers often see a temporary dip in sales as consumer spending slows.
Analysts debate if this dip in stock prices is a market correction or just a short-term reaction, creating a 'buy the dip' opportunity for investors.
Usage
Commonly followed by the preposition 'in' to specify what has decreased (e.g., 'a dip in prices').