deflate (
http://definr.com/deflate)
v 1: collapse by releasing contained air or gas; "deflate a
balloon"
2: release contained air or gas from; "deflate the air
mattress"
3: reduce or lessen the size or importance of; "The bad review
of his work deflated his self-confidence" [syn:
puncture]
4: produce deflation in; "The new measures deflated the
economy" [ant:
inflate]
5: reduce or cut back the amount or availability of, creating a
decline in value or prices; "deflate the currency" [ant:
inflate]
6: become deflated or flaccid, as by losing air; "The balloons
deflated" [ant:
inflate]