The news source:
implode (v.) to collapse inward in a very sudden and violent way.
Their economy is in danger of imploding.
devastate (v.) to destroy much or most of something. To cause great damage or
harm to something.
These buildings were devastated by bombs.
plunge (n.)(v.) to (cause someone or something to) move or fall suddenly
and often a long way forward, down, or into something.
Average home price plunges 20% in 1 month.
The kids ran down to the beach and plunged into the sea.
forfeit (adj.)(n.)(v.) something that is lost or given up as punishment or
because of a rule or law.
Vancouver’s real estate market, realty
companies and real estate boards are reporting the first anecdotes of deals
falling through as foreign buyers forfeited
deposits on binding deals rather than pay the new tax.
receptacle (n.) a container used for storing or putting objects in.
Residents are given four separate receptacles for their rubbish.
plummet (n.)(v.) to fall very quickly and suddenly.
House prices have plummeted in recent months.
estate (n.) a large area of land in the country that is owned by a family
or an organization and is often used for growing crops or raising animals.
She left her entire estate to her niece.
speculative (a.) based on a guess and not on information.
The article was dismissed as highly
speculative.
substantial (adj.) large in size, value, or importance.
She inherited a substantial fortune from
her grandmother.
