DEFLATION


Meaning of DEFLATION in English

n. 1 the act or process of deflating or being deflated. 2 Econ. reduction of the amount of money in circulation to increase its value as a measure against inflation. 3 Geol. the removal of particles of rock etc. by the wind. deflationary adj. deflationist n.

Concise Oxford English dictionary.      Краткий оксфордский словарь английского языка.