Definition of NOVA. : a star that suddenly increases its light output tremendously and then fades away to its former obscurity in a few months or years.â noÂ·vaÂ·like \-vÉ-ËlÄ«k\ adjective.ADVERTISEMENT. a star that suddenly increases its light output tremendously and then fades away to its former obscurity in a few months or years.
The tutorial All About Inflation has the answers. Deflation Deflation is a general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can also be caused by a decrease in government, personal or investment spending.
Deflation is defined as a decrease in the general price level. 1  It is a negative inflation rate. 2  Deflation means the value of money will increase.  Deflation is often associated with periods of negative or stagnant economic growth (Great Depression, Japanese economy in 1990s, early 2000s).