subsidise

Thân thiện

The government subsidises public transportation to keep fares low.

Definition

1. Verb:
   • To provide financial support: To give money, typically from a government or public body, to help reduce the cost of a service, product, or industry, making it cheaper or more viable.
   • To purchase assistance: To secure support or aid by providing a grant or subsidy, often in contexts like international relations or military alliances.

Usage and Examples

• Verb:
  • The government decided to subsidise renewable energy projects to encourage their development.
  • Many European countries subsidise public transportation to keep fares low for citizens.
  • The treaty aimed to subsidise the allied forces with essential military supplies.

Advanced Usage and Nuances

• Economic Context: Often used in discussions of economic policy, where a state subsidises sectors like agriculture, education, or healthcare to achieve social or economic goals.
  • Critics argue that to subsidise fossil fuels undermines climate goals.
• Formal/International Relations Context: Can describe one entity supporting another through financial grants to secure an alliance or service.
  • The larger nation agreed to subsidise the peacekeeping efforts.

Variants and Related Words

• Subsidize: The preferred spelling in American English. The meaning is identical to "subsidise" (British English).
• Subsidy (n.): The sum of money granted as financial support.
  • The farm receives a substantial subsidy from the state.
• Subsidisation/Subsidization (n.): The act or process of providing a subsidy.
  • The subsidisation of the arts is a topic of public debate.

Synonyms

• Fund: To provide money for a specific purpose.
• Underwrite: To agree to finance or support, often accepting financial risk.
• Sponsor: To support an event, activity, or person financially, often for promotional purposes.

Antonyms

• Tax: To impose a financial charge upon.
• Privatize: To transfer ownership or control from the public to the private sector, often ending subsidies.

Related Phrases and Concepts

• State aid: A term often used interchangeably with subsidy, particularly in legal and EU contexts.
• Grant: A sum of money given for a specific purpose, which can be a form of subsidy.
• Price support: A type of subsidy where the government intervenes to keep the price of a commodity above a certain level.

Học thuật

Verb

1. support through subsidies
   • The arts in Europe are heavily subsidized
2. secure the assistance of by granting a subsidy, as of nations or military forces

Từ đồng nghĩa

• subsidize