Stocks turned in steep losses for Tuesday's trading, as investor fears regarding the potential of a revived bank sector slide were prodded. First Republic Bank (FRC) reignited worries, after posting a ... Nasdaq: First Republic Bank Stock (NYSE:FRC): Steep Slide is Likely to Continue Some big banks might try to rescue First Republic Bank (NYSE:FRC), but the steep slide will probably continue in FRC stock.

Understanding the Context

I am bearish on FRC because the rescue package extended to First Republic ... steep, abrupt, precipitous, sheer mean having an incline approaching the perpendicular. steep implies such sharpness of pitch that ascent or descent is very difficult. steep adjective (TOO MUCH) informal (especially of prices) too much, or more than is reasonable: To undergo a soaking in liquid: Let the tea steep for five minutes.

Key Insights

n. 1. a. The act or process of steeping. Definition of steep adjective in Oxford Advanced Learner's Dictionary.

Final Thoughts

Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. STEEP definition: having an almost vertical slope or pitch, or a relatively high gradient, as a hill, an ascent, stairs, etc. See examples of steep used in a sentence.