deflate

Universal Words verb 1 [VN, V] to let air or gas out of a tyre, BALLOON, etc.; to become smaller because of air or gas coming out 2 sth feel or seem less important: All the criticism had left her feeling totally deflated. 3 [VN] (economics) to reduce the amount of money being used in a country so that prices fall or stay steady compareINFLATE(3), REFLATE