Inflation
Pronunciation
- US IPA: /ɪnˈfleɪʃən/
- Rhymes: -eɪʃən
Origin
From Middle English, from Old French inflation ("swelling"), from Latin Ä«nflÄtiÅ ("expansion", "blowing up"), from Ä«nflÄtus, the perfect passive participle of Ä«nflÅ ("blow into", "expand"), from in ("into") + flÅ ("blow").
Full definition of inflation
Noun
inflation
(plural inflations)- An act, instance of, or state of expansion or increase in size, especially by injection of a gas.The inflation of the balloon took five hours.
- (economics) An increase in the general level of prices or in the cost of living.
- (economics) A decline in the value of money.
- (economics) An increase in the quantity of money, leading to a devaluation of existing money.
- Undue expansion or increase, as of academic grades.
- (cosmology) An extremely rapid expansion of the universe, theorised to have occurred very shortly after the big bang.