deflation

C2+ Topic:Money & Finance
US /dɪˈfleɪʃən/ UK /dɪˈfleɪʃən/
noun

Meanings

  1. 1
    noun

    a fall in the general price level; the act of letting out air

    Prolonged deflation discouraged consumer spending.

Thesaurus

Synonyms
1 noun · a fall in the general price... depreciationcontractiondeclinereductioncollapse
Opposites
Word family
Forms deflated
Derived forms deflationarydeflationist
Related forms deflateinflateconflateflatus

Etymology

From deflate, a back-formation modeled on inflate, from Latin de- ('out of') + flare ('to blow'), plus the noun suffix -ion. The economic sense dates from the early 20th century.

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Topics

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