subvention

sub·ven·tion

noun \səb-ˈven(t)-shən\

Definition of SUBVENTION

: the provision of assistance or financial support: as

a : endowment

b : a subsidy from a government or foundation

— sub·ven·tion·ary \-shə-ˌner-ē\ adjective

Examples of SUBVENTION

1. <the committee receives an annual subvention from the foundation to run the museum>

Origin of SUBVENTION

Middle English subvencion, from Middle French & Late Latin; Middle French subvenciȯn, from Late Latin subvention-, subventio assistance, from Latin subvenire to come up, come to the rescue, from sub- up + venire to come — more at sub-, come

First Known Use: 15th century

Related to SUBVENTION

Synonyms

allocation, allotment, annuity, entitlement, grant, subsidy, appropriation

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

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with SUBVENTION

dimension, high-tension, Vincentian