Definition of Deflation
Deflation
de·fla·tion
Definition/Meaning
(noun)
A decrease in the general price level of goods and services in an economy.
e.g. The central bank implemented policies to combat deflation and stimulate economic growth.
(noun)
the state of losing confidence or feeling less important (i.e. feeling deflated);
e.g. His harsh words resulted in a general deflation in everyone's moods.
(noun)
in economics, the phenomenon by which there is less money/credit available in an economy, by which general prices decrease;
e.g. In economics, deflation is characterized by a decrease in prices of goods and services.
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