Webster's English Dictionary

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inflation

in.fla.tion \in-'fla--sh*n\ n 1: an act of inflating : a state of being 
   inflated : as  1a: DISTENSION  1b: empty pretentiousness : POMPOSITY  2: an 
   increase in the volume of money and credit relative to available good s 
   resulting in a substantial and continuing rise in the general price level