deflation

/dษชหˆfleษชสƒษ™n/

IPA: /D IH0 F L EY1 SH AH0 N/

noun
  1. 1

    An act or instance of deflating.

    โ€œThe loss caused utter deflation and disappointment among the fans.โ€

  2. 2

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

  3. 3

    An economic contraction.

Antonyms

inflation

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Source: https://en.wiktionary.org/wiki/deflation

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