[つうかしゅうしゅく, tsuukashuushuku] (n) (See 通貨膨張) currency contraction; deflation of currency [Add to Longdo]
Result from Foreign Dictionaries (2 entries found)
From The Collaborative International Dictionary of English v.0.48 [gcide]:
deflation \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 credit or a contraction of
economic activity resulting from or associated with a
decline of prices.
[WordNet 1.5]
4. the act of letting the air out of something.
[WordNet 1.5]
5. (Geol.) the erosion of land structures such as sand or
soil due to the action of wind. --RHUD
[PJC]
From WordNet (r) 3.0 (2006) [wn]:
deflation
n 1: (geology) the erosion of soil as a consequence of sand and
dust and loose rocks being removed by the wind; "a constant
deflation of the desert landscape"
2: a contraction of economic activity resulting in a decline of
prices [ant: {disinflation}, {inflation}, {rising prices}]
3: the act of letting the air out of something [ant:
{inflation}]
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