slip // verb, noun

■ verb [no obj] (-pp-)

1

to fall to a lower level; to become worse:

Online retail sales slipped to$17 billion.

The Nikkei slipped 0.67%.

Domestic bond prices slipped slightly lower.

Oils slipped back after gaining on Tuesday. See note at INCREASE

2 (used with an adverb or a preposition)

to pass into a particular state or situation, especially a difficult or unpleasant one:

The manufacturing sector is slipping into recession.

We seem to have slipped behind schedule.

PHRASAL VERBS

slip up (informal)

to make a careless mistake:

The agency had slipped up badly.

SLIP-UP

■ noun [C]

COMPLIMENTS SLIP, DEPOSIT SLIP, PAYING-IN SLIP, PINK SLIP, SALES SLIP

1

an occasion when sth becomes worse or falls to a lower level:

a 0.6% slip in profits

The housing market recovered in July after a small slip in June.

2

a small piece of paper, especially one with sth printed on it:

a credit-card slip

packing slips

3

a small, careless mistake:

There were a few slips in the calculations.

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