subsidisation

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subsidisation

The government's subsidisation of renewable energy projects helps lower costs for consumers.

Definition

Noun: 1. The act of providing a subsidy: The action or process of granting financial support, typically from a government or public body, to help an industry, business, or service keep prices low or to support an activity deemed beneficial. 2. Money (or other benefits) obtained as a subsidy: The subsidy itself; the funds or advantages received through this act of support.

Usage Examples
  • As the act of providing:
    • The government's subsidisation of renewable energy projects is crucial for combating climate change.
    • The policy led to the subsidisation of farmers during the drought.
  • As the money/benefit obtained:
    • The company's growth was heavily dependent on state subsidisation.
    • The subsidisation allowed the museum to offer free admission.
Advanced Usage
  • Economic Context: The term is often used in discussions of economic policy, trade, and public finance to describe state intervention.
    • The debate focused on the fairness of public subsidisation for private industries.
  • "Of" phrase: Commonly followed by "of" to specify what is being supported.
    • The subsidisation of public transportation reduces urban congestion.
Variants and Related Words
  • Subsidization: An alternative spelling, equally correct.
  • Subsidy (n.): The actual sum of money or financial aid granted.
    • The factory received a large subsidy.
  • Subsidise/Subsidize (v.): The verb form meaning to provide a subsidy.
    • The government will subsidise the cost of textbooks.
Synonyms
  • Funding: Providing financial resources.
  • Financial support/backing: General terms for monetary aid.
  • Grant-aiding: Supporting with a grant (a type of subsidy).
Antonyms
  • Privatisation: Transferring a service from public to private control, often ending subsidisation.
  • Deregulation: Removing state controls, which may include removing subsidies.
  • Taxation: Imposing a financial charge, the opposite of receiving financial support.
subsidisation

The government's subsidisation of renewable energy projects helps lower costs for consumers.

Noun
  1. the act of providing a subsidy
  2. money (or other benefits) obtained as a subsidy

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