pump priming definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
large expenditures by a government, designed to stimulate expenditures by private industry
pump priming definition by American Heritage Dictionary
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
or pump primingnoun
Government action taken to stimulate the economy, as spending money in the commercial sector, cutting taxes, or reducing interest rates.
pump priming - Business Definition
The American Heritage® Dictionary of Business Terms Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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.
pump priming - Cultural Definition
Informally, government spending to increase purchasing power and stimulate the economy.