UK Accounting Glossary
An action that has an impact or influence. In financial terms, this frequently means an investment of money or a change of rules that is designed to increase economic activity.
In a recession, governments try to develop the best stimulus packages possible to elicit accelerated positive activity in the economy.
Harold’s appointment to the Board of Directors was the stimulus needed to take the company in a new direction.
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This glossary post was last updated: 15th February 2020.