subvention

/səb'venʃn/
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subvention

The museum received a government subvention to fund its new educational program.

Definition
  1. Noun:

    • A grant of money, especially from a government or other official body, to support an institution, project, or person: A "subvention" is financial assistance provided, often to promote arts, education, or public services that might not be commercially viable.
    • The act or process of providing such financial aid: "Subvention" can also refer to the action of granting this support.
  2. Verb (less common):

    • To provide with a subvention; to subsidize: This means to guarantee or grant financial support to an endeavor.
Usage Examples
  • Noun:

    • The museum's new wing was built with a government subvention.
    • The university receives an annual subvention for its research into renewable energy.
  • Verb:

    • The cultural festival was subvented by several national foundations.
    • Historically, many royal theaters were subvented by the crown.
Advanced Usage
  • "To apply for a subvention": to formally request such financial aid.

    • The theater company applied for a subvention to stage the classic play.
  • "Subvention scheme": a structured program for providing grants.

    • The new subvention scheme aims to support independent filmmakers.
Variants and Related Words
  • Subvent (verb): A less common variant of the verb "to subvention."

    • The city agreed to subvent the public transportation project.
  • Subsidy (noun): A more common synonym for financial support, though "subvention" often implies support for cultural or intellectual pursuits.

  • Grant (noun): A sum of money given for a specific purpose, similar to a subvention.
Synonyms
  • Subsidy: Financial support given to keep prices low or to help an organization.
  • Grant: A sum of money awarded for a particular purpose.
  • Endowment: A large gift of money or income provided to an institution.
Related Phrases
  • State subvention: Financial aid provided directly by the government.

    • The orchestra relies on a state subvention to operate.
  • Operating subvention: A grant to cover day-to-day running costs.

    • The operating subvention covers the library's staff salaries and utilities.
subvention

The museum received a government subvention to fund its new educational program.

Noun
  1. the act or process of providing aid or help of any sort
  2. grant of financial aid as from a government to an educational institution
Verb
  1. guarantee financial support of
    • The opera tour was subvented by a bank

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