deflation

IPA: dɪfɫˈeɪʃʌn

An act or instance of deflating.
(economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
(economics, euphemistic) An economic contraction.
(geology) The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.

Examples of "deflation" in Sentences

This debt deflation is a cyclical problem decades in the making.
That must make it an increase in deflation-adjusted terms, right?
And yet the government and the BBC still say that deflation is the problem
Mr. Bernanke failed to even once mention the word deflation; in his 2010 oration, it came up six times.
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.
Not a sheep: And yet the government and the BBC still say that deflation is the problem skip to main | skip to sidebar
If I am reading him correctly, Krugman says we will still be in deflation two years from today, under optimistic scenarios.
"The term deflation, which is more appropriately used to describe a period of sustained price decline, may be too strong a word" for China, said Moody's Economy. com analyst Sherman Chan, because the "contraction in prices is expected to be short-lived."