deflation Hear it!

deflation definition

de·fla·tion (dē flā′s̸hən, di-)

noun

  1. a deflating or being deflated
  2. a reduction in the general level of prices as a result of a severe decline in economic activity
  3. Geol. erosion by the wind

Related Forms:

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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