inflation Hear it!

inflation definition

in·fla·tion (in flā′s̸hən)

noun

  1. an inflating or being inflated
  2. ☆
    1. an increase in the amount of money and credit in relation to the supply of goods and services
    2. an increase in the general price level, resulting from this, specif., an excessive or persistent increase, causing a decline in purchasing power

Etymology: ME inflacioun < L inflatio

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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