Inflating

Business, Legal & Accounting Glossary

Definition: Inflating




Full Definition of Inflating


Inflating occurs when a government prints more money, growing the money supply, but in so doing devaluing individual units of the currency. Prices go up.

Inflation may be added to the real gross domestic product (real GDP) to obtain the nominal gross domestic product (nominal GDP). Put more simply, inflation pumps up real growth to the nominal number you’ll see reported in the media.


Examples of Inflating in a sentence


Although the government of the fictional island chain of Greater Atlantis reported 5.7% gross domestic product (GDP) growth for 2008, that was mostly due to the dictator inflating his currency 5.0%; the growth in real GDP, largely driven by sales of retro-Furbees, was just 0.7%


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Inflating. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/inflating/ (accessed: September 25, 2021).
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Inflating. PayrollHeaven.com. Retrieved September 25, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/inflating/

Definition Sources


Definitions for Inflating are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th August, 2021 | 0 Views.