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WordNet 3.0Copyright Princeton University
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n. - The act of letting the air out of something; An economic activity resulting in a decline of prices; (geology) the eroding of soil as a consequence of sand and dust and loose rocks being removed by the wind.

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Usage examples (39)
  • A constant deflation of the desert landscape
  • The term deflation and inflation are ill defined and used out of context even though the usage can make sense.
  • For most economists and commentators, a general fall in prices, which they label deflation, is a terrible thing.
  • Some economists urged caution about using the term deflation, often defined as a period of sustained price declines.
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We give special thanks to our LearnThat volunteers, as well as Princeton University and Wiktionary for their Open Source word data. We're also grateful for the support given by Google, Wordnik.com, Dictionary.com, Stands4.com and YouTube, OEDILF.com, Kylescholz.com, Best-Practice.com, Forvo.com, as well as the generous Creative Commons community.