DEFLATION • FREE TRANSLATOR.ORG • Definition of Deflation

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/dɪflˈeɪʃən/ Listen

Deflation

noun

(geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind.

A contraction of economic activity resulting in a decline of prices.

The act of letting the air out of something.

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"Deflation" Quotes from Famous Books

... England—or the only aerial thing of terrestrial origin that, even to this date of about thirty-five years later, has been thought to have crossed the Atlantic Ocean. He accounts for the triangular form by deflation—"a shapeless bag, barely able to float." My own acceptance is that great deflation does not accord with observations upon its power ...

— The Book of the Damned • Charles Fort

... diminishing of such a prostration. But, knitting his brows, he pondered on the still chaotic state of the whole data concerning the "endocrine chain," and on the fallibility of previous unequivocal pronouncements in the science of medicine. He had a slight feeling of deflation, followed by a glow of curiosity; and he returned into the house to change his ...

— Sacrifice • Stephen French Whitman

... deflation in commodity values, there was widespread "welching" among business men who had theretofore been classed as reputable. Of course, I recognize that a far greater number kept their contracts, even when it brought them to the verge of ruin. But when in the history of American business was there such ...

— The Constitution of the United States - A Brief Study of the Genesis, Formulation and Political Philosophy of the Constitution • James M. Beck

... they give an exact definition of a right line, when they say, it is the shortest way betwixt two points. But in the first place I observe, that this is more properly the discovery of one of the properties of a right line, than a just deflation of it. For I ask any one, if upon mention of a right line he thinks not immediately on such a particular appearance, and if it is not by accident only that he considers this property? A right line can be comprehended alone; but this definition is unintelligible without ...

— A Treatise of Human Nature • David Hume