"Helicopter money” or the monetary financing of fiscal stimulus in macroeconomics.
Helicopter money is certain to boost nominal demand, add to economic growth and reduce slack....

p.19

http://www.interdependence.org/wp-content/uploads/2013/01/He...

Helicopter money

The image of the central-bank helicopter dropping currency onto the eager public below is even more misleading. Governments can do this, giving away either cash or, more realistically, cheques

http://www.voxeu.org/article/helicopter-money

Economists often use the phrase “helicopter drop” to refer to any sort of money-financed stimulus, that is, any government spending funded by bonds that are sold (directly or indirectly) to the central bank.
Japan has been the king of “helicopter drops” under the money-financed government spending definition, but has never undertaken the sort of direct-to-household, unconditional transfers that Beckworth proposes. Beckworth is very clear that he supports heli drops precisely because “[f]iscal policy geared toward large government spending programs is likely to be rife with corruption, inefficient government planning, future distortionary taxes, and a ratcheting up of government intervention in the economy.” Direct, unconditional, uniform transfers to households are nearly immune to corruption and involve no increase in the degree to which government directs the use of real economic resources. (See this excellent piece by Matt Bruenig.)

http://www.interfluidity.com/v2/4388.html