OK. Given the name, here's how it works.
See diagram above: The original design tries to balance the axial thrust caused by the difference in pressure from one end to the other. (In the LP turbines, this is done by forcing the steam to enter in the middle of the turbine, and exhaust equally in both directions through equally-sized blades and vanes in both directions to equal regions of low pressure (the condenser below the LP turbine.)) You can't do it exactly in every LP turbine, so the turbine shaft thrust bearing takes up the differential pressures for the whole shaft system. The HP and IP turbines use similar counterflow paths to reduce imbalance, but both add forces tot he shaft as well.
You can't do that with a HP pump, so the original design of the pump casing ports high pressure from the outlet to one side of a piston area (the small side of the piston), and LP water at pump suction pressure to the other (larger) side of the same piston.
high discharge pressure x small area + thrust across pump ~~ lower suction pressure x larger area. Result is almost no force, which can be dealt with by a smaller, less expensive and more effective regular pump thrust bearing elsewhere on the shaft.