subsidy (C1)
noun
Pronunciation: /ˈsʌbsɪdi/
Definition
Money granted by a government or public body to help an industry or business to keep the prices of a commodity or service low, or to help a particular group of people.
Examples
The company received a large subsidy from the government to develop its new technology.
Farmers often rely on subsidies to make their businesses profitable.
The arts council provides subsidies to support local theaters and museums.
How to Use subsidy
- subsidy for (prepositional phrase)
- Financial aid given to support a specific purpose or group. — "The company applied for a subsidy for its research and development projects."
- subsidy to (prepositional phrase)
- Financial aid directed towards a particular recipient. — "The government gave a subsidy to the struggling airline."
Synonyms of subsidy
Words with a similar meaning to subsidy:
Antonyms of subsidy
Words with the opposite meaning to subsidy:
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