| / English Dictionary |
DISINFLATION
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A reduction of prices intended to improve the balance of payments
Classified under:
Nouns denoting natural processes
Hypernyms ("disinflation" is a kind of...):
economic process (any process affecting the production and development and management of material wealth, or, according to Carmine Gorga, Ph.D., author of the book 'The Economic Process', the process of production of real wealth, distribution of ownership rights over real and monetary wealth, and consumption or expenditure of monetary wealth to purchase real wealth)
Antonym:
deflation (a contraction of economic activity resulting in a decline of prices)
inflation (a general and progressive increase in prices)
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