通货紧缩 — meaning in English
tōng huò jǐn suō
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English meaning
- deflation noun An act or instance of deflating.
Senses
通货紧缩 is used for these senses in English:
- deflation (economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
deflation — full definition
- noun An act or instance of deflating.
- noun A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
- noun An economic contraction.
- noun The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.
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