1) Economic process 
Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation`s gross domestic product over time. It is the opposite of reflation. Disinflation occurs when the increase in the `consumer price level” slows down from the previous period when the prices wer......
A refusal to pay.
A slowdown in the rate of price increases. Disinflation occurs during a recession, when sales drop and retailers are unable to pass higher prices along to consumers.
[n] - a reduction of prices intended to improve the balance of payments
noun a reduction of prices intended to improve the balance of payments
a period or process of slowing the rate of inflation.