51³Ô¹Ï

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pump priming

noun

  1. the spending of government funds in commercial enterprises, to stimulate the national economy.


pump priming

noun

  1. the act or process of introducing fluid into a pump to improve the sealing of the pump parts on starting and to expel air from it
  2. government expenditure designed to stimulate economic activity in stagnant or depressed areas
  3. another term for deficit financing
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

pump priming

  1. Informally, government spending to increase purchasing power and stimulate the economy.
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51³Ô¹Ï History and Origins

Origin of pump priming1

An Americanism dating back to 1935–40
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Example Sentences

Examples have not been reviewed.

Going forward, government efforts to restart the economy will have to mature from simply handing out money to targeting specific sectors that require pump priming.

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While a second round of pump priming is being prepared, senior ministers on Tuesday warned the extra spending will not be enough to avoid widespread job losses stemming from the Covid-19 health crisis.

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The pump priming worked well enough to attract a wide range of people to the neighborhood, Leinberger said.

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A Nexis search shows the phrase “pump priming†or its variants appeared in 1,073 news articles in major publications in 2009 alone, and they are almost all referring to economics, not water pumps.

From

Then the phrase “prime the pump†or “pump priming†should be in your memory.

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