Definition

1. 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

1. a grant paid by a government to an enterprise that benefits the public
   • a subsidy for research in artificial intelligence