Deflation
volume
British pronunciation/diːflˈe‍ɪʃən/
American pronunciation/dɪˈfɫeɪʃən/

Definition & Meaning of "deflation"

Deflation
01

the act of letting the air out of something

02

(economics) a decrease in the amount of money in an economy, resulting in falling or unchanged prices

03

(geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind

deflation

n

deflate

v

defl

v
example
Example
The road debris punctured the tire, leading to a slow deflation as air leaked out.
In an attempt to combat deflation, the government implemented policies to inflate the economy.
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