pump priming

pump priming definition - business

pump priming

Government fiscal policy aimed at stimulating economic growth by increasing deficit-financed expenditures. The additional government expenditures are expected to prime the pump for greater business and consumer spending.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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