Deflated
/dɪˈfleɪtɪd/
Definitions
- (adj.) Reduced or diminished in value, amount, or importance, especially in financial or contractual contexts.
The deflated contract amount prompted renegotiation between the parties.
Forms
- deflated
Related terms
See also
Commentary
Primarily used adjectivally to describe diminished value or expectations; avoid using it as a verb in legal drafting to prevent ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.