leap
verb [ I ]
uk/liːp/ usleapt or leaped uk/lept/ | leapt or leaped uk/lept/to increase, improve, or grow very quickly:
exports/prices/profits leap Property prices have leapt over 30% in the past year.
leap (to sth) The company's shares leapt 17.5p to 210p.
leap
noun [ C ]
uk/liːp/ usa big change, increase, or improvement:
a leap in costs/profits/sales The software designer should report a near 40% leap in profits to around £124m.
a leap forward for sb/sth This launch represents a great leap forward for the company.
a 20%/40%/75%, etc. leap The health insurance giant reported a 20% leap in pre-tax profits for the year.
See also
quantum leap