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Vinony

deflation

noun

  1. decrease in the general price level of goods and services
  2. anti-inflate
L319211 on Wikidata ↗

Wiktionary

Pronunciation: /dɪˈfleɪʃən/

noun

Etymology: Etymology tree English deflate Proto-Indo-European *-tis Proto-Indo-European *-Hō Proto-Indo-European *-tiHō Proto-Italic *-tiō Latin -tiō Latin -ātiōlbor. Old French -ationbor. Middle English -acioun English -ation English -ion English deflation From deflate + -ion.

  1. An act or instance of deflating.

    “The loss caused utter deflation and disappointment among the fans.”

  2. A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
  3. An economic contraction.

    “Beyond that, there is the hope that deflation of the US economy which the administration has in mind will, overtime; stem the import flood.”

    “It also must be acknowledged that Britain's problems won't be solved by an abrupt deflation of the economy.”

  4. The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.