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inflation

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noun in·fla·tion \in-ˈflā-shən\

Simple Definition of inflation

  • : an act of inflating something : the state of being inflated

  • : a continual increase in the price of goods and services

Full Definition of inflation

  1. 1 :  an act of inflating :  a state of being inflated: as a :  distension b :  a hypothetical extremely brief period of very rapid expansion of the universe immediately following the big bang c :  empty pretentiousness :  pomposity

  2. 2 :  a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services

Examples of inflation

  1. the inflation of a balloon

  2. The government has been unable to control inflation.

  3. The rate of inflation is high.



14th Century

First Known Use of inflation

14th century


INFLATION Defined for Kids

inflation

play
noun in·fla·tion \in-ˈflā-shən\

Definition of inflation

  1. 1 :  an act of filling with air or gas :  the state of being filled with air or gas <inflation of a balloon>

  2. 2 :  a continual rise in the price of goods and services





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