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slumpflation
slump·fla·tion
[
slùmp fláysh'n
]
noun
Definition:
bad financial period:
an economic situation in which an economic depression is accompanied by increasing inflation
[
Late 20th century. <slump + inflation
]
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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