Meaning of “tick over” in the English Dictionary

"tick over" in Business English

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tick over

phrasal verb with tick uk /tɪk/ us verb [ T ] UK US check

if a business or system is ticking over, it continues to work but is not growing or making much progress:

Bankers cut interest rates to keep the global economy ticking over.

(Definition of “tick over” from the Cambridge Business English Dictionary © Cambridge University Press)