Deflation

noun

noun ·3 syllables ·Moderate ·College level

Definitions

Noun
  1. 1
    An act or instance of deflating. countable, uncountable

    "The loss caused utter deflation and disappointment among the fans."

  2. 2
    the act of letting the air out of something wordnet
  3. 3
    A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages. countable, uncountable
  4. 4
    a contraction of economic activity resulting in a decline of prices wordnet
  5. 5
    An economic contraction. countable, euphemistic, uncountable

    "Beyond that, there is the hope that deflation of the US economy which the administration has in mind will, overtime; stem the import flood."

Show 2 more definitions
  1. 6
    (geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind wordnet
  2. 7
    The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion. countable, uncountable

Example

More examples

"Deflation is almost always bad."

Etymology

From deflate + -ion.

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.