subsidy
sub·si·dy
noun \ˈsəb-sə-dē, -zə-\ plural sub·si·dies
Definition of SUBSIDY
: a grant or gift of money: as a : a sum of money formerly granted by the British Parliament to the crown and raised by special taxation b : money granted by one state to another c : a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public
Examples of SUBSIDY
- The city is increasing subsidies for public transit.
- <government subsidies for farmers in case of crop failure>
Origin of SUBSIDY
Related to SUBSIDY
Related Words: aid, assistance, block grant, grant-in-aid, set-aside; foreign aid, relief, state aid; advance, allowance, benefit, bequest, endowment, fund, legacy, stipend, trust, trust fund
Other Economics Terms
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