Dictionary of Business Terms: slump
slump
drop in economic or productive activity. In popular usage, a slump is not as severe as a recession or depression.
Dictionary of Finance and Investment Terms: slump
slump
short-term drop in performance. The economy may enter a slump when it goes into a recession. An individual stock or mutual fund may be in a slump if its price falls over several weeks or months. A normally productive employee may go into a slump and be less productive if he or she is having financial or emotional difficulties. A slump is considered to be a temporary phenomenon, from which the economy, investment or employee will soon recover.
