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hike
The term carries a strong sense of effort and steepness, whether applied to physical terrain or financial figures. When describing a walk, it implies a rugged environment and a level of exertion far beyond a casual stroll, often associated with nature and endurance. In economic contexts, the word suggests a sharp, often aggressive upward movement. It is frequently used in financial journalism to describe policy changes, such as interest rate adjustments, where the increase is perceived as a deliberate and significant shift rather than a gradual rise.
Meanings
To increase a price, rate, or amount significantly and suddenly.
"The central bank decided to hike interest rates to combat inflation."
To walk a long distance, especially in the countryside or mountains, for exercise or pleasure.
"We plan to hike through the Appalachian Trail next summer."
To pull something, such as a piece of clothing, upward.
"She had to hike up her skirt to avoid getting it muddy."