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Deflation
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English Dictionary: deflation by the DICT Development Group
1 result for deflation
From WordNet (r) 3.0 (2006) [wn]:
deflation
n
  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
    Antonym(s): disinflation, inflation, rising prices
  3. the act of letting the air out of something
    Antonym(s): inflation
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