CEFR B2

subsidize

verb

Meaning

To provide financial assistance or support to a person, organization, industry, or business, typically by a government, in order to help it survive, grow, or operate more effectively.

Examples

  • The company received a grant to subsidize the development of its new eco-friendly product.
  • Many countries subsidize their agricultural sectors to ensure food security.

Synonyms: fund, support, finance, underwrite