I. rə̇ˈflāt, rēˈf- verb
( -ed/-ing/-s )
Etymology: back-formation from reflation
intransitive verb
: to expand again the quantity of currency and credit after a period of deflation
transitive verb
: to expand again the amount of (currency and credit)
II. transitive verb
: to induce reflation in (as an economy or consumer demand) after an economic recession or a period of deflation