Deflation

Definitions

1. An act or instance of deflating.
   countable, uncountable
2. A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
   countable, uncountable
3. An economic contraction.
   countable, euphemistic, uncountable
4. The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.
   countable, uncountable

Equivalents

Examples

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

“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.”

“The great deflation of the northern economy occurred with the rupturing of the Mackenzie Valley pipe dream⟳.”

CEFR level