One way of letting down tail end of pants

• Reason for some hisses
• A contraction of economic activity resulting in a decline of prices

Wiktionary Word definitions in Wiktionary
n. 1 An act or instance of deflate. 2 (context economics English) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages. 3 (context economics euphemistic English) An economic contraction.

Longman Dictionary of Contemporary English Word definitions in Longman Dictionary of Contemporary English
noun COLLOCATIONS FROM CORPUS ■ NOUN price ▪ In the original neoclassical synthesis the practical relevance of a process of price deflation for establishing full employment was regarded as minimal. ▪ Fierce price deflation , increased competition and rising ...

Wikipedia Word definitions in Wikipedia
In economics , deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate ). Inflation reduces the real value of money over time; conversely, deflation increases ...

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
deflation \deflation\ n. the act or process of deflating. a fall in the average prices of goods and services; -- usually associated with contraction of economic activity. Opposite of inflation . Compare disinflation . the reduction of available credit or ...

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
1891, "release of air," from deflate + -ion . In reference to currency or economic situations, from 1920.