deflation
def
ˈdɪf
dif
la
leɪ
lei
tion
ʃən
shēn
British pronunciation
/diːflˈe‍ɪʃən/

Definition & Meaning of "deflation"in English

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

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