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hike

hike

67 3.6
A sudden large rise in prices like fuel or rent
  • noun
  • /haɪk/
translation icon : subida
  • And Johnson just put through the biggest tax hike since World War II.
  • a price hike
  • a tax hike
  • a wage hike

Microsoft is announcing big price hikes for their AI ChatGPT.

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Examples

  • In the turbulent global economy of the 1970s, the oil-price hikes had created huge new requirements for global financing.

    Academic text (2001)
  • Both the gasoline tax and the county sales tax hike were defeated by whopping margins, however.

    Blog text (4)
  • The increased rate hike will go into effect at the end of this year.

  • Jack and a guarantee: No price hike for at least two years.

    Fiction book (1992)
  • She's been spending lots of money since the rate hike.

  • Their candidate didn't win, they smell a tax hike coming for them, and they're upset.

    Blog text (2)
  • My study addresses a very basic question: What was the impact of the tax hikes on the prices of alcoholic beverages?

    Academic text (2005)
  • Following the price hike in 1979-1980, this dependence decreased to 32% in 1985.

    Academic text (1993)
  • Students at the University of Oregon are protesting a proposed 4.7 percent tuition hike, arguing that the increase isn't affordable.

    Academic text (2016)
  • The city announced a significant hike in public transportation fares that will take effect next month.

Synonyms

rise
vshike
432 1.9

An increase in amount or value

is similar but stresses sudden or significant changes especially in costs
raise
vshike
  • US
252 3.5

An increase in the money you earn at your job

is the general sudden or significant increase across costs, rates, or wages
boost
vshike
153 2.7

An increase in amount or success that helps something

is specifically about sudden or significant rises in cost, amount, or rates
surge
vshike
132 4.2

A sudden big rise in amount or number

is used broadly for sudden large increases in prices or wages
jump
vshike
73 3.3

A sudden rise by a large amount

is similar but focuses on increases across costs, rates, or wages
tax hike
vshike
26 3.3

An increase in the taxes people or companies pay

is the wider term for sudden or significant increases in money or rates
25 2.0

A rise in the money you pay for things or services

is the wider term for sudden or significant increases across economic items
step-up
vshike
20 3.6

An increase in amount, level, or strength

is more specific about sudden or notable rises in costs and wages
run-up
vshike
16 5.9

A sudden rise in prices or values over a short time

is similar but applies broadly to prices, rates, and wages
wage increase
vshike
12 2.5

Extra money that an employer pays a worker for their job

is broader, covering sudden significant increases in prices, rates, or wages
upsurge
vshike
9 5.0

A sudden strong increase in activity or interest

is a general term for sudden or notable increases in amounts or costs
5 2.4

Extra money paid to a person for their job

is broader, covering sudden or major increases in costs and rates too
cost increase
vshike
4 2.4

A rise in how much you must pay to buy or make something

is focused on sudden or notable increases across prices, wages, or rates
2 3.1

An increase in the amount of money people pay for goods or services

is broader, covering sudden major increases in prices, rates, or wages
wage hike
vshike
2 3.0

An increase in the pay workers get for doing a job

is more general, applying sudden or significant increases beyond wages alone
runup
vshike
  • Literature
7.5

A sudden large rise in price or value

is the general word for sudden or significant increases in cost or rates
sprong
vshike
  • Neologism
9.9

A sudden rise in amount or price

is the broader label for sudden or significant increases in costs or wages

Antonyms

1.0

To fall to a lower amount or level

84 2.2

A drop in amount or number

Idioms

to take a hike
  • Informal
37 8.1

Tell someone to leave in a rude way

Compounds

26 3.3

An increase in the taxes people or companies pay

2 3.0

An increase in the pay workers get for doing a job

How Much

hike
67 3.6
to spike
51 3.4
surge
132 4.2
to rise
904 1.0

Surface Forms

hike singular
hikes plural

Etymology

Hike. The noun hike meaning a rise in cost comes from the same 'pull up' idea — to hike up something is to 'pull it up' or raise it. So a hike in prices is simply a 'pulling up' of how much you must pay.