subsidy
/'sʌbsidi/
Học thuậtThân thiện
Definition
- Noun:
- A sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low: A subsidy is financial assistance provided, typically by a government, to support economic activities considered beneficial to the public.
- Financial aid given to support an undertaking held to be in the public interest: It can also refer to direct financial support given to individuals or organizations to promote a specific policy or social goal.
Examples of Usage
- Noun:
- The government provides a subsidy for renewable energy projects.
- Farmers receive a subsidy to help stabilize food prices.
- Without the public subsidy, the theater would have to close.
Advanced Usage
- "to be in receipt of a subsidy": to be receiving financial aid from a public body.
- The national railway is in receipt of a substantial government subsidy.
- "to qualify for a subsidy": to meet the conditions required to receive financial aid.
- Low-income families may qualify for a housing subsidy.
Variants and Related Words
- Subsidize (verb): To support an organization or activity financially.
- The program aims to subsidize healthcare costs for the elderly.
- Subsidized (adjective): Supported by a subsidy; partially paid for.
- She lives in subsidized housing.
Synonyms
- Grant: A sum of money given by an organization for a particular purpose.
- Allowance: An amount of money paid regularly to a person to meet needs.
- Financial aid: Monetary assistance provided.
Related Phrases
- Production subsidy: A subsidy aimed at supporting the manufacturing of goods.
- The production subsidy helped the local factory compete internationally.
- Export subsidy: Financial assistance to encourage the export of goods.
- The country was criticized for its use of export subsidies.
Noun
- a grant paid by a government to an enterprise that benefits the public
- a subsidy for research in artificial intelligence