verb

hike

to hike, to walk, to raise

We plan to hike in the mountains.

We plan to hike in the mountains.

They hiked the price of gas again.

They hiked the price of gas again.

to hike ((in a place)) to go for a long walk. We plan to hike in the mountains.

to hike ((sth.)) to increase something like a price. They hiked the price of gas again.

Synonyms (walk): trek, walk, tramp; Synonyms (increase): raise, increase, boost

The origin is uncertain, possibly from a dialectal word meaning 'to walk vigorously'.

Imagine taking a 'hike' up a mountain, which is like 'hiking' up prices – both involve going up.

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