disinflation n 1: a reduction of prices intended to improve the balance of payments [ant: {deflation}, {inflation}, {rising prices}]
disinflation \disinflation\ n. 1. a reduction in the rate of price increases; a lessening of inflationary pressure. [PJC] 2. a reduction of the value of a currency in international exchange markets caused by a government; -- usually done as a means to improve the country's international balance of payments. [PJC]