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pump-prim·ingor pump priming (pŭmp′prī′mĭng)
Government action taken to stimulate the economy, as spending money in the commercial sector, cutting taxes, or reducing interest rates.
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
the spending of government funds in commercial enterprises as a means of stimulating the economy.
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|Noun||1.||pump priming - spending money raised by borrowing; used by governments to stimulate their economy|
|2.||pump priming - introducing water into a pump to improve the seal and start the water flowing|