To fall very quickly and suddenly from a high level or position.
Example sentences
“Temperatures can plummet after the sun goes down in the desert.”
“The company's stock plummeted when the bad news came out.”
“A rock came loose and plummeted into the canyon below.”
Most often used for numbers and amounts: prices, sales, and temperatures plummet. It is stronger than 'fall' or 'drop' and suggests a sudden, steep decline.