Subsidy

usgb/ˈsʌbsədi/
noun

Money given by a government or organization to support an activity or lower the price of something.

Farmers receive a subsidy to compensate for the low prices of crop.
Visual representation of "subsidy" - Money given by a government or organization to support an activity or lower the price of something.

Often appears as...

  • government subsidy
  • agricultural subsidy
Definition 1 of 2
Visual representation of "subsidy"
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Government Assistance

Subsidy often implies financial help from government bodies to support certain sectors or products.

Illustration for Government Assistance
The electric car industry is growing, thanks to a government subsidy.
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Price Reduction

Subsidies are used to decrease the cost of goods or services, making them more affordable.

Illustration for Price Reduction
With the new subsidy, public transport fares were lowered significantly.
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Economic Stability

Subsidies can be a tool to stabilize markets and ensure steady supply in essential sectors.

Illustration for Economic Stability
During the drought, a subsidy helped stabilize grain prices.
Visual representation of the word "Subsidy"

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