Biflation is where the processes of inflation and deflation occur simultaneously. There's a rise in the price of commodity/earnings-based assets (inflation) and a simultaneous fall in the price of debt-based assets (deflation).
by Auren Darren August 3, 2009
Get the biflation mug.1)The best ever brand of clothing irrespective of the price.
2) A dead-end channel extending from the main stream of a river.
3) A streambed filled with water only in the rainy season.
4) The best word ever
4) A stagnant pool or backwater.
2) A dead-end channel extending from the main stream of a river.
3) A streambed filled with water only in the rainy season.
4) The best word ever
4) A stagnant pool or backwater.
by Billabong Billabong Billabong Billabong Billabong Billabong June 1, 2005
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• Billaabongish
The most widely sold "surf brand" in Australia, which is a complete rip off and has stolen the name of a small river in central Australia. Unfortunately considered cool until teenagers realise what "Gucci" and "Armani" are and bleed their parents dry, while talking on their mobile phones and eating fast food.
by KinGAleX March 21, 2005
Get the Billabong mug.a derogatory term for australians
The hostel was hell. It was full of backpacking billabongs. All they talked about was outdoor sports and "pardaying".
by LaQueshie April 19, 2007
Get the billabong mug.Yes, Billabong is an Australian surf brand stolen by Americans. the origin is sometimes referred to a river in Australia. The Americanized origin refers to the stereotypical pothead surfers. Urban myth is Billabong used to be Build-A-Bong but it soon changed.
by ModernxSwinger October 13, 2006
Get the billabong mug.The best surf brand ever,no matter the price. And it also sponsers wikked surfers like Taj Burrow,Andy Irons and Tiago Pires.
by Elyce May 15, 2004
Get the Billabong mug.Prestigious aussie surf brand... adored by the teenage population... sells products at RIDICULOUS prices... but dumbass brainwashed kids buy them anyway to be 'cool'... pretty damn pathetic.
Ally: Hey, i just bought this hair-tye from Billabong for just $200! i look SO totally cool! (flicks her blonde hair)
Jess: (omg. what a total idiot!) uhhhh.. no comment.
Jess: (omg. what a total idiot!) uhhhh.. no comment.
by grisella May 14, 2004
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