The phrase "a sharp plunge" is correct and usable in written English.
It can be used to describe a sudden and significant decrease in value, position, or condition, often in contexts like finance, sports, or physical activities.
Example: "The stock market experienced a sharp plunge after the unexpected economic report was released."
Alternatives: "a steep drop" or "a sudden decline."
An example would be offering insurance (selling put options) against a sharp plunge in the stockmarket.
After a long boom, the Japanese economy in the 1990s, as America's today, was jolted by a sharp plunge in the real estate market.
According to a Census Bureau report released on Friday, retail sales declined in May for the first time since last fall, mostly because of a sharp plunge in purchases of building materials.
If share prices sink, so will profits, which would make shares look even more overvalued.Some analysts also worry that a sharp plunge in equity prices could seriously hurt banks' balance sheets, causing them to squeeze their lending.
After the price of oil dropped precipitously last year, the industry laid off nearly 13,000 people, which quickly rippled through the economy and produced a sharp plunge in state revenues.
The current strength of growth in Europe and Asia will also help to prevent an American downturn from turning in to a worldwide slump.If a steady slide in the dollar would be good news, a sharp plunge as investors take fright and run would be another matter.
Varying textures of noir –– reflective, matte and furry –– are cut with a sharp, plunging V and gold accessories.
The number of Americans filing first-time claims for unemployment benefits took an unexpectedly sharp plunge last week, reaching a level not seen since before the economy tumbled into recession in 2001, a government report showed on Thursday.
It's due to a sudden and sharp plunge in the velocity of money what we have been calling "risk aversion hysteria".
Rest assured, there was no attack, but traders freaked out long enough about the hoax to make the Dow do this: So will this sharp plunge (and quick reversal) get a nifty nickname like the "flash crash" did?
Clinton Sees 'Good Year' (By The Associated Press, SEQUOIAA NATIONAL FOREST, Calif., April 15 -- President Clinton reassured Americans today about the economy after Wall Street's sharp plunge, saying that "I still think we're going to have a very good year" with modest inflation and strong growth.
