meaning ‘an increase (in prices, wages, etc.)’ is fairly recent (first recorded in 1931) and has spread rapidly from AmE, especially to the informal language of British journalism:

• The oil industry is still accommodating itself to its new size following the 1979 price hike —D. Hedley, 1986

• An announcement by Argentina's President Carlos Menem rescinding a planned threefold hike in the duties on paper imported for book production was greeted with delight by hundreds of publishers —Bookseller, 1993

• He warned that back-to-back hikes in May and June were a ‘very real possibility’, particularly if consumer price inflation comes in at 3 per cent or above in April —Irish News, 2007.

Modern English usage. 2014.

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  • Hike — Hike, v. i. 1. To hike one s self; specif., to go with exertion or effort; to tramp; to march laboriously. [Dial. or Colloq.] If you persist in heaving and hiking like this. Kipling. It s hike, hike, hike (march) till you stick in the mud, and… …   The Collaborative International Dictionary of English

  • Hike — Hike, n. 1. The act of hiking. [Webster 1913 Suppl.] 2. A long walk usually for exercise or pleasure or exercise; a tramp; a march. [WordNet sense 1] [PJC] With every hike there s a few laid out with their hands crossed. Scribner s Mag. [Webster… …   The Collaborative International Dictionary of English

  • hike — ► NOUN 1) a long walk or walking tour. 2) a sharp increase, especially in price. ► VERB 1) go on a hike. 2) pull or lift up (clothing). 3) increase (a price) sharply. ● take a hike …   English terms dictionary

  • Hike — may refer to: * Hiking, walking lengthy distances in the countryside or wilderness * Hiking (sailing), moving a sailor s body weight as far to windward (upwind) as possible, in order to counteract the force of the wind pushing sideways against… …   Wikipedia

  • hike — (v.) 1809, hyke to walk vigorously, an English dialectal word of unknown origin. A yike from 1736 answers to the sense. HIKE, v. to go away. It is generally used in a contemptuous sense. Ex. Come, hike, i.e. take yourself off; begone. [Rev.… …   Etymology dictionary

  • hike — [n] journey by foot backpack, constitutional, excursion, exploration, march, ramble, tour, traipse, tramp, trek, trip, walk, walkabout; concepts 149,224,363 hike [v1] walk for recreation backpack, explore, hit the road*, hoof*, leg it*, ramble,… …   New thesaurus

  • hike — [hīk] vi. hiked, hiking [< dial. heik, prob. akin to HITCH] 1. to take a long, vigorous walk; tramp or march, esp. through the country, woods, etc. ☆ 2. to move up out of place vt. 1. Informal to pull or jerk up; hoist [to hike up one s socks… …   English World dictionary

  • Hike — Hike, v. t. [imp. & p. p. {Hiked}; p. pr. & vb. n. {Hiking}.] [Cf. {Hitch}.] 1. To move with a swing, toss, throw, jerk, or the like. [Dial. or Colloq.] [Webster 1913 Suppl.] 2. To raise with a quick movement. [PJC] 3. To raise (a price) quickly… …   The Collaborative International Dictionary of English

  • Hike — [ha̮ik], der; s, s [engl. hike = Wanderung] (Jargon): [mehrtägige] ausschließlich der Erholung dienende Wanderung …   Universal-Lexikon

  • hike — index boom (increase), perambulate Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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