The difference between High spirits and Pep
When used as nouns, high spirits means joyous elation, joyfulness, joyousness, whereas pep means energy, high spirits.
Pep is also verb with the meaning: to inject with energy and enthusiasm.
check bellow for the other definitions of High spirits and Pep
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High spirits as a noun:
Joyous elation, joyfulness, joyousness.
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Pep as a verb (transitive):
To inject with energy and enthusiasm.
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Pep as a noun:
Energy, high spirits.