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deflation

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
de·fla·tion  (d-flshn)
n.
1. The act of deflating or the condition of being deflated.
2. A persistent decrease in the level of consumer prices or a persistent increase in the purchasing power of money because of a reduction in available currency and credit.
3. The erosion of soil by the wind.

de·flation·ary (-sh-nr) adj.
de·flation·ist n.

deflation [dɪˈfleɪʃən]
n
1. the act of deflating or state of being deflated
2. (Economics) Economics a reduction in the level of total spending and economic activity resulting in lower levels of output, employment, investment, trade, profits, and prices Compare disinflation
3. (Earth Sciences / Geological Science) Geology the removal of loose rock material, sand, and dust by the wind
deflationary  adj
deflationist  n & adj

deflation  (d-flshn)
The lifting and removal of fine, dry particles of silt, soil, and sand by the wind. Deflation is common in deserts and in coastal areas that have sand dunes.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.deflation - (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"
geology - a science that deals with the history of the earth as recorded in rocks
eating away, eroding, erosion, wearing, wearing away - (geology) the mechanical process of wearing or grinding something down (as by particles washing over it)
2.deflation - a contraction of economic activity resulting in a decline of prices
economic process - any process affecting the production and development and management of material wealth
disinflation - a reduction of prices intended to improve the balance of payments
inflation, rising prices - a general and progressive increase in prices; "in inflation everything gets more valuable except money"
3.deflation - the act of letting the air out of something
reduction, step-down, diminution, decrease - the act of decreasing or reducing something
inflation - the act of filling something with air
Translations
deflation [diːˈfleɪʃən] N [of tyre etc] → desinflamiento m (Econ) → deflación f
deflation [dɪˈfleɪʃən] n [economy] → déflation f
deflation
n (of tyre, ball)Luftablassen nt(of aus); (Fin) → Deflation f
deflation [diːˈfleɪʃn] n (Econ) → deflazione f
deflation [diːˈfleɪʃn] n (Econ) → deflazione f


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? Mentioned in ? References in periodicals archive
 
This bunker mentality seems to be an abiding concern that years and years of deflation seemed to have planted in the Japanese business psyche.
One argument for such a policy is that deflation provides consumers with an incentive to postpone purchases since the same product will be cheaper in the future.
But the central banking elite has defined deflation as a scourge, and inflation as the remedy.
 
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