| 释义 |
pump priming
pump-prim·ing or pump priming (pŭmp′prī′mĭng)n. Government action taken to stimulate the economy, as spending money in the commercial sector, cutting taxes, or reducing interest rates.pump priming n 1. (Mechanical Engineering) 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. (Economics) US government expenditure designed to stimulate economic activity in stagnant or depressed areas 3. (Economics) another term for deficit financing pump′ prim`ing
n. the spending of government funds in commercial enterprises as a means of stimulating the economy. [1935–40] Thesaurus| Noun | 1. | pump priming - spending money raised by borrowing; used by governments to stimulate their economycompensatory spending, deficit spendingoutlay, spending, disbursal, disbursement - the act of spending or disbursing money | | 2. | pump priming - introducing water into a pump to improve the seal and start the water flowingmaintenance, upkeep, care - activity involved in maintaining something in good working order; "he wrote the manual on car care" |
pump priming
Pump PrimingAny government action taken to spur economic growth, especially when growth is sluggish or negative. Pump priming is nonpartisan; that is, pump priming policies may be conservative (e.g. tax cuts), liberal (e.g. increased spending) or some combination of the two. The term originated during the Great Depression and fell out of use after World War II. However, it came back to some extent during the late 2000s recession.pump priming spending by the government on PUBLIC WORKS, etc., that is aimed at increasing AGGREGATE DEMAND in order to stimulate economic activity and raise NATIONAL INCOME. Increased government spending will, through MULTIPLIER effects, enlarge spending in other sectors of the economy, serving to reduce UNEMPLOYMENT and increasing output of goods and services. See DEMAND MANAGEMENT, GOVERNMENT EXPENDITURE. pump priming
Synonyms for pump primingnoun spending money raised by borrowingSynonyms- compensatory spending
- deficit spending
Related Words- outlay
- spending
- disbursal
- disbursement
noun introducing water into a pump to improve the seal and start the water flowingRelated Words |