Definition of Deflation

1. 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"

Category relationships: Geology
Generic synonyms: Eating Away, Eroding, Erosion, Wearing, Wearing Away

2. Noun. A contraction of economic activity resulting in a decline of prices.
Generic synonyms: Economic Process
Derivative terms: Deflate, Deflate, Deflationary
Antonyms: Disinflation, Inflation

3. Noun. The act of letting the air out of something.
Generic synonyms: Decrease, Diminution, Reduction, Step-down
Derivative terms: Deflate, Deflate, Deflate
Antonyms: Inflation

Definition of Deflation

1. Noun. An act or instance of deflating. ¹

2. Noun. (economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages. ¹

3. Noun. (economics euphemistic) An economic contraction. ¹

¹ Source: wiktionary.com

Definition of Deflation

1. [n -S]

Lexicographical Neighbors of Deflation

deflagrating
deflagrating spoon
deflagrating spoons
deflagration
deflagrations
deflagrative
deflagrator
deflagrators
deflate
deflated
deflatedly
deflater
deflaters
deflates
deflating
deflation (current term)
deflationary
deflationism
deflationisms
deflationist
deflationists
deflations
deflator
deflators
deflavorizing machine
deflavorizing machines
deflazacort
deflea
defleaed
defleaing

Literary usage of Deflation

Below you will find example usage of this term as found in modern and/or classical literature:

1. Workforce 2000: Work and Workers for the 21st Century by DIANE Publishing Company, William B. Johnstone, Arnold E. Packer (1993)
"Disinflation or deflation in World Prices Between 1965 and 1982, prices in the developed nations increased by more than 234 percent, an average annual ..."

2. The Foreign Exchange Problem by Siegfried Stern, Columbia Trust Company (1921)
"Cautiously, because deflation, just as inflation, if it exceeds certain limits ... Too rapid and too extensive deflation are equally liable to disrupt trade ..."

3. Earth Sculpture by James Geikie (1898)
"... the rain and running water which impresses the observer, while in rainless and desiccated regions insolation and deflation play the most important rôle. ..."

4. Elemente Der Geologie by Hermann Credner (1897)
"... vertiefende Thätigkeit des Windes wird als deflation bezeichnet (Walther 1. c.). Durch dieselbe werden in den Wüsten tiefe Senken ausgegraben ..."

5. International Finance and Its Reorganization by Elisha Michael Friedman (1922)
"Whereas gradual deflation is practicable for Great Britain and perhaps even ... Gradual deflation Not Feasible™ In view of the fact that America is a free ..."

6. OECD Economic Surveys: Japan by Oecd, OECD. Published by : OECD Publishing (2006)
"Continuing the relaxed stance of monetary policy would help ensure the definitive end of deflation and facilitate more rapid fiscal consolidation, ..."

7. The Digressions of V. by Elihu Vedder (1910)
"CHAPTER IV "Youth and Art" A LINK —ANOTHER LITTLE TRAMP—THE deflation OF RAFFAELLO — IKEY AND ... deflation ..."

8. Structural and Field Geology for Students of Pure and Applied Science by James Geikie (1905)
"CHAPTER XXIV SOILS AND SUBSOILS Agents of Disintegration ; Insolation and deflation ; Rain ; Frost ; Life. Weathering of Rocks. The Soil-cap. ..."

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