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Definition of deflation noun from the Oxford Advanced Learner's Dictionary

deflation

noun
 
/ˌdiːˈfleɪʃn/
 
/ˌdiːˈfleɪʃn/
[uncountable]
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  1. (economics) a reduction in the amount of money in a country’s economy so that prices fall or remain the same
    Collocations The economyThe economyManaging the economy
    • handle/​run/​manage the economy
    • boost investment/​spending/​employment/​growth
    • stimulate demand/​the economy/​industry
    • cut/​reduce investment/​spending/​borrowing
    • reduce/​curb/​control/​keep down inflation
    • create/​fuel growth/​demand/​a boom/​a bubble
    • encourage/​foster/​promote/​stimulate/​stifle innovation/​competition
    • encourage/​work with/​compete with the private sector
    • increase/​boost/​promote US/​agricultural exports
    • ban/​restrict/​block cheap/​foreign imports
    • the economy grows/​expands/​shrinks/​contracts/​slows (down)/recovers/​improves/​is booming
    • enjoy an economic/​housing/​property boom
    Economic problems
    • push up/​drive up prices/​costs/​inflation
    • damage/​hurt/​destroy industry/​the economy
    • cause/​lead to/​go into/​avoid/​escape recession
    • experience/​suffer a recession/​downturn
    • fight/​combat inflation/​deflation/​unemployment
    • cause/​create inflation/​poverty/​unemployment
    • create/​burst a housing/​stock market bubble
    • cause/​trigger a stock market crash/​the collapse of the banking system
    • face/​be plunged into a financial/​an economic crisis
    • be caught in/​experience cycles of boom and bust
    Public finance
    • cut/​reduce/​slash/​increase/​double the defence/​education/​aid budget
    • increase/​boost/​slash/​cut public spending
    • increase/​put up/​raise/​cut/​lower/​reduce taxes
    • raise/​cut/​lower/​reduce interest rates
    • ease/​loosen/​tighten monetary policy
    • balance the (state/​federal) budget
    • achieve/​maintain a balanced budget
    • run a ($4 trillion) budget deficit/​surplus
    • impose taxes/​austerity measures
    Topics Moneyc2
  2. the action of air being removed from something
  3. opposite inflation
    Word Originlate 19th cent. (in the sense ‘release of air from something inflated’): from deflate.
See deflation in the Oxford Advanced American DictionarySee deflation in the Oxford Learner's Dictionary of Academic English
perspective
noun
 
 
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