Deflation
71Debt deflation — is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the… …
72currency deflation — ➔ deflation * * * currency deflation UK US noun [U] ► 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 …
73monetary deflation — ➔ deflation * * * monetary deflation UK US noun [U] ► ECONOMICS CURRENCY DEFLATION(Cf. ↑currency deflation): »A depression is when there is monetary deflation and prices are kept from falling …
74asset deflation — ➔ deflation * * * asset deflation UK US noun [U] ► ECONOMICS a general reduction in the value of assets: » We are undergoing asset deflation: homes are losing value and banks are writing off bad loans …
75collateral deflation — UK US noun [U] (also debt deflation) FINANCE ► a situation in which collateral becomes less valuable: »The most dangerous deflation is collateral deflation where the value of the collateral underlying the financial system plunges and destroys the …
76Debt Deflation — A situation in which the collateral used to secure a loan (or another form of debt) decreases in value. This can be detrimental because it may lead to a restructuring of the loan agreement or the loan itself. Also known as worst deflation and… …
77debt deflation — UK US noun [U] (also collateral deflation) ► ECONOMICS, FINANCE the situation in which collateral (= property that will be sold or collected to make certain a debt is paid) becomes less valuable: »The effects of a bust will be rising unemployment …
78price deflation — UK US noun [U or C] ► ECONOMICS a reduction in prices in the economy as a whole, or for particular goods or services: »The grocery chain reported that it is feeling the effects of price deflation. »The clothing market has seen a price deflation… …
79The Great Deflation — refers to the period from 1870 until 1890 in which world prices of goods, materials and labor decreased. [ cite web url = http://econ.claremontmckenna.edu/seminars/deflate.pdf#search=%22%22Great%20Deflation%22%201870%22 title = Claremont… …
80Große Deflation — Die Börsenkatastrophe in Wien am 9. Mai 1873, aus: Illustrirte Zeitung, Nr. 1564, Leipzig, 21. Juni 1873 Als Große Deflation bezeichnet man die Zeit von 1870 bis 1890, als die Preise von Wirtschaftsgütern, Materialien und Arbeitskraft kräftig… …
