Definition of "precipitously" [precipitously]

• Abruptly; in a precipitous manner (adverb)

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• "F Neal Pitt, the second-leading rebounder in the MEAC last season, missed seven games due to injury and saw his numbers (7.4 points, 5.9 rebounds) decline precipitously from the 16 points and 8.1 rebounds he averaged last season."
• "Anything that causes stock prices to fall precipitously is going to be perceived as a failure by a pretty big swath of the middle and upper middle classes."
• "So we have tried to do sort of a stress test, if you will, on all of these investments, to make sure that even if they fall fairly precipitously, that is market prices, that these still make sense."