Scrabble?! DEFLATE

Definitions of DEFLATE in various dictionaries:

verb - collapse by releasing contained air or gas

verb - release contained air or gas from

verb - reduce or lessen the size or importance of

verb - produce deflation in

verb - reduce or cut back the amount or availability of, creating a decline in value or prices

verb - become deflated or flaccid, as by losing air

To release contained air or gas from.

To collapse by releasing contained air or gas.

To reduce or lessen the size or importance of: Losing the contest deflated my ego.

Economics.

To reduce the amount or availability of (currency or credit), effecting a decline in prices.

To be or become deflated: The balloon deflated slowly.

verb - to release the air or gas from