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bubble noun

  /ˈbʊb.əl/ , /ˈbʌb.əl/ , /ˈbʌbl̩/
  • A spherically contained volume of air or other gas, especially one made from soapy liquid.
  • (economics) A period of intense speculation in a market, causing prices to rise quickly to irrational levels as the metaphorical bubble expands, and then fall even more quickly as the bubble bursts.
boble
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