DEFLATION

Deflation

In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% . This should not be confused with disinflation, a slow-down in the inflation rate . Inflation reduces the real value of money over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods with the same amount of money over time.

The above text is a snippet from Wikipedia: Deflation
and as such is available under the Creative Commons Attribution/Share-Alike License.

deflation

Noun

  1. An act or instance of deflating.
    The loss caused utter deflation and disappointment among the fans.
  2. A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
  3. An economic contraction.


The above text is a snippet from Wiktionary: deflation
and as such is available under the Creative Commons Attribution/Share-Alike License.

Need help with a clue?
Try your search in the crossword dictionary!