The phrase "cent plunge" means a sudden and significant decrease in value, typically by one cent or a small amount.
Sentences with «cent plunge»
Membership of education trade unions is at its lowest level in nearly a decade, amid a 10 per cent plunge last year. (schoolsweek.co.uk)
Stocks are prone to bigger price fluctuations — remember the 33 - per - cent plunge for Canadian stocks in 2008 — and companies can cut or suspend dividends if required for business reasons. (theglobeandmail.com)
The world's biggest explosives maker, Orica, has posted a 33 per cent plunge in net profit, citing a «deterioration» of the global mining in... (afr.com)