What does pump priming mean?

Here's a list of possible definitions for the term pump priming:

Princeton's WordNet

  1. deficit spending, compensatory spending, pump priming(noun)

    spending money raised by borrowing; used by governments to stimulate their economy

  2. pump priming(noun)

    introducing water into a pump to improve the seal and start the water flowing

ChatGPT

  1. pump priming

    Pump priming refers to the action taken by governments or organizations to stimulate or boost the economy, often during periods of slowdown, through investments and spending. The aim of pump priming is to promote economic growth and stability by increasing the money supply, lowering taxes, and increasing government spending to stimulate demand and create jobs in an economy.

Matched Categories

Numerology

  1. Chaldean Numerology

    The numerical value of pump priming in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of pump priming in Pythagorean Numerology is: 8


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