REFLATION Definition

Bookmark and Share

REFLATION is, upon recovering from a depression or a recession, the period during which prices are returned to the level they had attained during a period of prosperity by lowering the purchasing power of money is known as reflation.

Learn new Accounting Terms

ACCOUNTING EQUATION is a mathematical expression used to describe the relationship between the assets, liabilities and owners equity of the business model. The basic accounting equation states that assets equal liabilities and owners equity, but can be modified by operations applied to both sides of the equation, e.g., assets minus liabilities equal owners equity.

STOTINKA (STOTINKI) is a currency of Bulgaria.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.