skyrocket

American  

[skahy-rok-it] / ˈskaɪˌrɒk ɪt /

noun

1. a rocket firework that ascends into the air and explodes at a height, usually in a brilliant array of sparks of one or more colors.

2. Also called scarlet gilia.  a plant, Ipomopsis aggregata, of the phlox family, native to western North America, having finely divided leaves and clusters of red, trumpet-shaped flowers.

3. an organized group cheer, usually led by a cheerleader, as at a football or basketball game, which begins with a hissing or whistling and ends with a shout.

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verb (used without object)

1. to rise or increase rapidly or suddenly, especially to unexpected or unprecedented levels.

   Prices skyrocketed during the war.

verb (used with object)

1. to cause to rise or increase rapidly and usually suddenly.

   Economic changes have skyrocketed prices.

2. to thrust with sudden dramatic advancement; catapult.

   Talent has skyrocketed him to fame.

skyrocket British  

/ ˈskaɪˌrɒkɪt /

noun

1. another word for rocket 1

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verb

1. informal (intr) to rise rapidly, as in price

Etymology

Origin of skyrocket

First recorded in 1680–90; sky + rocket ¹

Example Sentences

But secondly, the weather is generally bad, meaning if they are left outside shops, they often become unusable, with charities being hit with "skyrocketing" financial costs in disposing of them.

From BBC

Investor faith in the potential of China's chip industry to challenge US powerhouse Nvidia last month sent shares in semiconductor companies Moore Threads and MetaX skyrocketing on their market debuts.

From Barron's

Despite skyrocketing portfolio risk, they never raised guarantee fees.

From The Wall Street Journal

In other words, homeowners are incentivized to not sell their home and give up their tax rate, which remains low even as their home value skyrockets.

From MarketWatch

Alphabet’s stock has skyrocketed 66% over the last 12 months as Google cemented itself as a leader in the AI race and expanded its presence in virtually every facet of the ecosystem.

From MarketWatch

Related Words

• catapult
• escalate
• rise
• rocket
• shoot up
• zoom