Associations to the word «Deflation»

DEFLATION, noun. An act or instance of deflating.

DEFLATION, noun. (economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.

DEFLATION, noun. (economics) (euphemistic) An economic contraction.

DEFLATION, noun. (geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind; "a constant deflation of the desert landscape".

DEFLATION, noun. A contraction of economic activity resulting in a decline of prices.

DEFLATION, noun. The act of letting the air out of something.