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Meaning of inflation

Source language: EnglishDictionary language: English

inflation

Pronunciation:/ɪnˈfleɪʃən/

noun

Definitions

  1. An act, instance of, or state of expansion or increase in size, especially by injection of a gas.

    Example: The inflation of the balloon took five hours.

  2. An increase in the general level of prices or in the cost of living.

  3. A decline in the value of money.

  4. An increase in the quantity of money, leading to a devaluation of existing money.