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deflation
[ dih-fley-shuhn ]
noun
- Economics. a fall in the general price level or a contraction of credit and available money ( inflation ). Compare disinflation.
- the erosion of sand, soil, etc., by the action of the wind.
deflation
/ dɪˈfleɪʃən /
noun
- the act of deflating or state of being deflated
- economics a reduction in the level of total spending and economic activity resulting in lower levels of output, employment, investment, trade, profits, and prices Compare disinflation
- geology the removal of loose rock material, sand, and dust by the wind
deflation
/ dĭ-flā′shən /
- The lifting and removal of fine, dry particles of silt, soil, and sand by the wind. Deflation is common in deserts and in coastal areas that have sand dunes.
Derived Forms
- deˈflationist, nounadjective
- deˈflationary, adjective
Other Words From
- de·flation·ary adjective
- de·flation·ism noun
- de·flation·ist noun adjective
- nonde·flation noun
- nonde·flation·ary adjective
- self-de·flation noun
Word History and Origins
Origin of deflation1
Example Sentences
The political system was indeed thoroughly corrupt, and the economy was a system of mass deprivation marked by financial crises, endless deflation, agricultural mismanagement, mechanized industrial cruelty, and child labor.
But “deflation” like the last day of high school?
Was there any feeling of deflation after you wrapped “Schitt’s Creek” and thought, “We’re not coming back next year to do this again.”
“Prices will come down and come down dramatically and come down fast,” he added, specifying that deflation — a term he refrained from using himself — would happen across the economy.
“The way to bring about deflation would be to create a massive recession. That would cause businesses to start cutting prices,” Wolfers said.
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