deflation

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Deflation

Decline in the prices of goods and services. Antithesis of inflation.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Deflation

A situation in which a currency gains value, often resulting from a decrease in prices. Many economists believe that deflation is the result a fall in demand for goods and services, which causes producers to reduce prices. This reduces their profits and causes a reduction in investment, which contributes to a further drop in demand. Because of this deflationary spiral, deflation is often associated with recessions and depressions and has been known to cause unemployment. It is also called negative inflation. See also: Lost Decade, Inflation.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

deflation

A reduction in consumer or wholesale prices. The term generally applies to more than just a temporary decline. Compare inflation. See also disinflation.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Deflation.

Deflation, the opposite of inflation, is a gradual drop in the cost of goods and services, usually caused by a surplus of goods and a shortage of cash.

Although deflation seems to increase your buying power in its early stages, it is generally considered a negative economic trend. That's because it is typically accompanied by rising unemployment, falling production, and limited investment.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.

deflation

a fall in the rate of growth of the general level of prices in an economy, or an absolute reduction in the general level of prices (see PRICE INDEX). The authorities may seek to deflate the economy in order to combat INFLATION and eliminate a BALANCE OF PAYMENTS deficit by using restrictive monetary and fiscal measures, i.e. increasing interest rates and taxes to cut spending. See ECONOMIC POLICY, MONETARY POLICY, FISCAL POLICY, PRICES AND INCOMES POLICY.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

deflation

a reduction in the level of NATIONAL INCOME and output usually accompanied by a fall in the general price level (DISINFLATION).

A deflation is often deliberately brought about by the authorities in order to reduce INFLATION and to improve the BALANCE OF PAYMENTS by reducing import demand. Instruments of deflationary policy include fiscal measures (e.g. tax increases) and monetary measures (e.g. high interest rates). See MONETARY POLICY, FISCAL POLICY.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Grassetti et al., "Comparative study of Breast implant rupture using mammography, sonography, and magnetic resonance imaging: correlation with surgical findings," The Breast Journal, vol.
Glover, "Silicone breast implant rupture: pitfalls of magnetic resonance imaging and relative efficacies of magnetic resonance, mammography, and ultrasound," Plastic and Reconstructive Surgery, vol.
McLaughlin, "The diagnosis of breast implant rupture: MRI findings compared with findings at explantation," European Journal of Radiology, vol.
While MRI is the current technique of choice for evaluation of intra-and extracapsular silicone breast implant ruptures, DECT however shows promise in more specifically evaluating the extent of extracapsular rupture and nodal involvement in a single, noncontrast, breathhold scan.
The clinical diagnosis of implant rupture based on physical exam findings is unreliable and will miss more than half of implant ruptures, especially when loss of volume or cosmetic deformity are absent.
The ability to suppress or enhance silicone, as well as suppressing signal intensity of water and fat, aids in providing the highest sensitivity and specificity for implant rupture among all imaging modalities.
The two main categories of breast implant rupture are intracapsular implant rupture and extracapsular implant rupture.
Distant silicone could be due to implant rupture versus gel bleed.
* Inconclusive signs of implant rupture. * Contour deformities, wrinkles, bulges, hernias.
Despite these limitations, ultrasound evaluation of implants is an important supplement to mammography in cases of suspected implant rupture. It also is helpful in differentiating a hernia or bulge from a leak.
11.) Recent improvements in MR, including breast coils, have improved the exam's sensitivity to detect implant rupture to greater than 90% of cases.[26,93,94] Magnetic resonance is used clinically to determine whether the implant has ruptured before appropriate action is undertaken.[92]
They need to understand that some changes to their breasts from the surgery are irreversible, and that most implant ruptures are clinically undetectable initially.