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Deflation - Dictionary Definition and Overview |
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Deflation : (noun)
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: inflation, disinflation]
3: the act of letting the air out of something [ant: inflation]
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