deflation

CEFRC1

/dɪˈfleɪʃən/

noun

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    A fall in prices and the amount of money available.

  2. 02

    noun

    Extra detail

    A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.

Examples

  • Why is deflation dangerous for the economy?

  • Deflation is almost always bad.

At a glance

Sits at C1 on the CEFR scale

Senses
5
Parts of speech
1
Citations
3

Deep Dive

noun

Extra meanings
  1. An economic contraction.

  2. An act or instance of deflating.

  3. The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.

More examples

In context
  • 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.

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The economy suffered from severe blank during the recession.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

From deflate + -ion.