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deflation

de·fla·tion

deflation

 
pronunciation:
dih fleI shn
features:
Word Combinations (noun), Word Parts
part of speech: noun
definition 1: the action or condition of collapsing or being collapsed or depressed, as by release of contained air.
definition 2: a relatively sharp drop in prices, resulting from a reduction in available currency and credit.
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derivation: deflationary (adj.)
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