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deflasjon — meaning in English

Norwegian → English · translate English → Norwegian instead

English meaning

  • deflation noun An act or instance of deflating.

Senses

deflasjon 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

  1. noun An act or instance of deflating.
  2. noun A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
  3. noun An economic contraction.
  4. noun The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.