Definition, Meaning & Synonyms

pump-priming

noun

/ˈpʌmpˌpraɪmɪŋ/

Definition

The process of stimulating economic activity by injecting funds or resources into an economy, often to encourage investment and spending.

Examples

The government’s pump-priming efforts helped increase consumer confidence.
Pump-priming can lead to higher overall economic activity by encouraging businesses to invest.

Meaning

Pump-priming refers to the act of preparing or initiating a process that will lead to more substantial actions or results, particularly in economic terms.