deflation

deflationary, adj.deflationism, n.deflationist, n., adj.
/di flay"sheuhn/, n.
1. the act of deflating or the state of being deflated.
2. Econ. a fall in the general price level or a contraction of credit and available money (opposed to inflation). Cf. disinflation.
3. the erosion of sand, soil, etc., by the action of the wind.
[1890-95; DEFLATE + -ION]

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Contraction in the volume of available money or credit that results in a general decline in prices.

A less extreme condition is known as disinflation. Attempts are sometimes made to bring on deflation (through raising interest rates and tightening the money supply) in order to combat inflation and slow the economy. Deflation is characteristic of depressions and recessions.

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      in geology, erosion by wind of loose material from flat areas of dry, uncemented sediments such as those occurring in deserts, dry lake beds, floodplains, and glacial outwash plains. Clay and silt-sized particles are picked up by turbulent eddies in wind and may be carried for hundreds of kilometres; they later settle to form loess deposits. Local areas subjected to deflation may result in deflation hollows or blowouts. These may range from 3 m (10 feet) in diameter and less than a metre deep to several kilometres in diameter and several hundred metres in depth. The Big Hollow in Wyoming was formed by deflation and is 14.5 km (9 miles) long and 50 m (165 feet) deep. If an area is eroded down to the water table, further deflation is prevented unless the water table is also lowered by evaporation. Some oases (oasis) in the Sahara were formed in this manner and may be below sea level. Dune deposits are formed on the leeward sides of the basins from which the sand was blown.

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Universalium. 2010.

Look at other dictionaries:

  • Deflation — Déflation Pour les articles homonymes, voir déflation (homonymie).  Ne doit pas être confondu avec désinflation. En économie, une déflation est une baisse de l indice des prix observée sur une période suffisamment longue …   Wikipédia en Français

  • deflation — n. 1. the act or process of deflating. [PJC] 2. a fall in the average prices of goods and services; usually associated with contraction of economic activity. Opposite of {inflation}. Compare {disinflation}. [PJC] 3. the reduction of available… …   The Collaborative International Dictionary of English

  • Deflation — Дефляция  – термин  используемый для описания ситуации падения общего уровня цен или увеличение покупательной способности денег вследствие уменьшения совокупного спроса, снижения стоимости товаров, ограничения количества денег в обращении. … …   Финансовый словарь

  • Deflation — Deflation, s. Abrasion, Denudation und Wüste …   Meyers Großes Konversations-Lexikon

  • Deflation — (lat.), die Fortführung der lockern Teile der Erdoberfläche durch den Wind, bes. in Wüsten …   Kleines Konversations-Lexikon

  • deflation — index decline, decrease, depression, diminution, disgrace Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • deflation — 1891, release of air, from DEFLATE (Cf. deflate) + ION (Cf. ion). In reference to currency or economic situations, from 1920 …   Etymology dictionary

  • deflation — ► NOUN 1) the action or process of deflating or being deflated. 2) reduction of the general level of prices in an economy. DERIVATIVES deflationary adjective …   English terms dictionary

  • deflation — [dē flā′shən, diflā′shən] n. 1. a deflating or being deflated 2. a reduction in the general level of prices as a result of a severe decline in economic activity 3. Geol. erosion by the wind: See INFLATION deflationary adj …   English World dictionary

  • Deflation — For other uses, see Deflation (disambiguation). Not to be confused with Disinflation. Economics …   Wikipedia

  • Deflation — Unter Deflation versteht man in der Volkswirtschaftslehre einen allgemeinen, signifikanten und anhaltenden Rückgang des Preisniveaus für Waren und Dienstleistungen. Inhaltsverzeichnis 1 Auswirkungen 1.1 Direkte Auswirkungen 1.2 Indirekte… …   Deutsch Wikipedia

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