subsidisation
Học thuậtThân thiện
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.
The government's subsidisation of renewable energy projects helps lower costs for consumers.
Noun
- the act of providing a subsidy
- money (or other benefits) obtained as a subsidy