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 
3. The act of letting the air out of something

Derived forms: deflations

See also: deflate, deflationary

Type of: decrease, diminution, eating away, economic process, eroding, erosion, reduction, step-down, wearing, wearing away

Antonym: disinflation, inflation

Encyclopedia: Deflation

• Catawba
• catbird
• catboat
• catbrier
• catcall
• catch
• catch a glimpse
• catch a wink
• catch cold
• catch crop
• catch fire
• catch it
• catch on
• catch one's breath
• catch out
• catch sight
• catch some Z's
• catch up
• catch up with
• catch-22
• catchall
• catcher
• catcher's mask
• catchfly
• catching