plummet n.

late 14c., plumben, "to sink" (like lead); mid-15c., "weight (a fishing line)," from plumb (n.). Meaning "take soundings with a plumb" is recorded from 1560s; the figurative sense of "to get to the bottom of" is from 1590s. The meaning "to work as a plumber" is by 1889. Related: Plumbed; plumbing.

early 14c., "a mass of lead hung on a string to show the vertical line" (mid-14c. as "the metal lead"), from Old French *plombe, plomee "sounding lead," and directly from Late Latin *plumba, originally plural of Latin plumbum "lead (the metal), lead ball; pipe; pencil," a word of unknown origin; Beekes and de Vaan say it probably is unrelated to Greek molybdos "lead" (dialectal bolimos). It is perhaps a loan-word from an extinct language of the western Mediterranean (based on similarities of words in Berber and Basque). The -b was restored in English after c. 1400. Plumb-rule is attested from c. 1400.