deflation in Czech
deflation in Czech is deflace — deflation means the act of letting the air out of something.
deflation in Czech
deflace
(economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
What does "deflation" mean?
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noun The act of letting the air out of something.
"The loss caused utter deflation and disappointment among the fans."
- noun (economics) A general fall in prices, so that goods, services and wages become cheaper.
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noun A contraction in economic activity.
"The great deflation of the northern economy occurred with the rupturing of the Mackenzie Valley pipe dream."
- noun (geology) The wearing away of loose soil from a surface by wind, leaving it open to further erosion.
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deflation in a sentence
- The loss caused utter deflation and disappointment among the fans.
- The great deflation of the northern economy occurred with the rupturing of the Mackenzie Valley pipe dream.
- It also must be acknowledged that Britain's problems won't be solved by an abrupt deflation of the economy.
Common Czech translations
Frequently asked questions
What is "deflation" in Czech?
"deflation" in Czech is deflace. deflation means: The act of letting the air out of something.
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