faucet /ˈfɔːsɪt/ noun3 •(US, Canada) An exposed plumbing fitting; a tap or spigot; a regulator for controlling the flow of a liquid from a reservoir.The rain ceased as if a faucet had been turned off. •A tapered tube, designed to be forced into a matching hole in a barrel, with the outer end holding a plug cock for decanting liquid from the barrel.The pipe or faucet or rather fast set, so called, because it is set fast in. — 1585 •One or several systems that inject currency into the game's economy, thus controlling or preventing inflation formsfaucets