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What does gun-shy mean?

Looking for the meaning or definition of the word gun-shy? Here's what it means.

Adjective
  1. Afraid of guns, or the noise they make.
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Examples
Despite all the money that the central bank has pumped out, industrial companies remain gun-shy about taking on new debt to finance investment.
Even before this incident, Republicans in the South had grown increasingly gun-shy on the preference issue.
With the stock market grinding down the value of shares, gun-shy investors are flocking to bonds to diversify assets and safeguard their investment dollars.
Surprisingly, the U.S. government was a bit gun-shy about switching subs from diesel engines and batteries to nuclear fuel.
No wonder so many people dislike and ignore advertising, and so many business owners feel gun-shy about investing in serious campaigns.
I was really gun-shy about signing anything, let alone signing a contract with a management company.

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