stimulus package
/ˈstɪmʊləs ˈpækɪdʒ/ · stim·u·lus pack·age
noun
- A set of economic policies or measures implemented by a government to stimulate economic growth. The government introduced a stimulus package to boost the economy after the financial crisis.
- A package of incentives or benefits provided by an organization to stimulate innovation, creativity, or productivity. The company offered a stimulus package to its employees to encourage them to come up with new ideas.
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Did you know? The term 'stimulus package' gained widespread use during the 2008 global financial crisis, when governments around the world implemented large-scale stimulus packages to mitigate the economic impact of the crisis.