deflation
Meaning
- (countable, uncountable) An act or instance of deflating.
- (countable, uncountable) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
- (countable, euphemistic, uncountable) An economic contraction.
- (countable, uncountable) The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.
Opposite of
inflation
Synonyms
disparagment
currency deflation
Translations
Pronounced as (IPA)
/dɪˈfleɪʃən/
Etymology
From deflate + -ion.
Notes
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