currency deflation Meaning in the Cambridge English Dictionary
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Meaning of “currency deflation” in the English Dictionary

"currency deflation" in Business English

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currency deflationnoun [U]

uk   us  
ECONOMICS a ​situation in which less ​money becomes ​available without a ​drop in ​production, causing ​prices to ​fall, ​production to ​slow down, and ​people to ​lose their ​jobs: Without proper honest ​controls, ​society suffers continual ​currencydeflation and ​inflation.
(Definition of currency deflation from the Cambridge Business English Dictionary © Cambridge University Press)
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