Doldrums

Doldrums [ DOHL-druh'mz ]
 noun ]
 MEANING :
 1. stagnation or a state where there is no activity
2. a slump or a period of depression
3. a region of the ocean near the equator, characterized by light winds or squalls.
 USAGE EXAMPLE 1 :
 The company was in the doldrums after missing out on the huge contract.

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