ricochet
n. C / U C1 Advanced US //ˈɹɪkəˌʃeɪ// UK //ɹˈɪkəʃˌeɪ// ric·o·chet
n. the way a bullet or stone bounces off a hard surface. It can also mean a sudden change in direction or a sudden increase in something like prices.
n. the act of a projectile bouncing off a surface; by extension, a sudden change in direction or a sharp increase in a specific value. Often used in military or financial contexts.
The bullet hit the steel wall and ricochet.
The ball hit the wall at a sharp angle, causing a ricochet that sent it flying into the bushes.
The sudden rise in interest rates triggered a ricochet effect across the housing market, leading to a rapid decline in property values and a subsequent credit crunch.
Borrowed from French ricochet, of uncertain origin.