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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
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
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
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]