deflation

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

  1. noun (geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind
  2. noun a contraction of economic activity resulting in a decline of prices
  3. noun the act of letting the air out of something

Etymology

From deflate + -ion.

In classic literature

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