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subsidy
[suhb-si-dee]
noun
plural
subsidiesa direct pecuniary aid furnished by a government to a private industrial undertaking, a charity organization, or the like.
a sum paid, often in accordance with a treaty, by one government to another to secure some service in return.
a grant or contribution of money.
money formerly granted by the English Parliament to the crown for special needs.
subsidy
/ ˈʌɪɪ /
noun
a financial aid supplied by a government, as to industry, for reasons of public welfare, the balance of payments, etc
English history a financial grant made originally for special purposes by Parliament to the Crown
any monetary contribution, grant, or aid
subsidy
A grant made by a government to some individual or business in order to maintain an acceptable standard of living or to stimulate economic growth.
Other 51Թ Forms
- antisubsidy noun
- nonsubsidy noun
51Թ History and Origins
51Թ History and Origins
Origin of subsidy1
Synonym Study
Example Sentences
"They’re having a hard time with electric vehicles and they want us to pay billions of dollars in subsidies," he said, later adding that he was considering cancelling Musk's government contracts.
Barclay remains more cautious and would be "loathe to see a direct subsidy" to enable Test cricket to be played.
I was told by a city official that the local economy was all about corn, but local growers couldn’t compete with American farmers who had the benefit of federal subsidies.
Low labour costs in China, coupled with government subsidies and a very well-established supply chain, have given Chinese firms advantages, their rivals have claimed.
He also says Musk is "upset" that subsidies for electric vehicles would be cut in his planned bill, affecting the billionaire's Tesla and SpaceX businesses.
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When To Use
A subsidy is a direct payment made by a government to a company or other organization as a form of assistance.To grant subsidies is to subsidize, and the process of doing so is subsidization. Governments that grant subsidies often provide them for particular industries, such as farming. The word is most commonly used to refer to such payments.More generally, subsidy can refer to any grant or monetary contribution. More specifically, it can refer to a payment made by one government to another for a particular service, often according to a treaty.Example: My company received a government subsidy to help expedite the manufacturing of healthcare products.
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