GNU Collaborative International Dictionary of English

last match results

Found one definition

1.       
   deflation n.
   1. the act or process of deflating.
   
   [PJC]
   
   
   2. a fall in the average prices of goods and services; -- usually associated with contraction of economic activity.  Opposite of inflation.  Compare disinflation.
   
   [PJC]
   
   
   3. the reduction of available credit or a contraction of economic activity resulting from or associated with a decline of prices.
   
   [WordNet 1.5]
   
   
   4. the act of letting the air out of something.
   
   [WordNet 1.5]
   
   
   5. (Geol.) the erosion of land structures such as sand or soil due to the action of wind. RHUD
   
   [PJC]