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Subvention

usgb/səbˈvenʃn/Volume
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Government Support

Often related to financial assistance given by government bodies to support specific sectors or initiatives.

Illustration for Government Support
The art gallery was able to expand thanks to a subvention from the cultural ministry.
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Not a Loan

'Subvention' is not expected to be repaid, unlike loans or credits.

Illustration for Not a Loan
The non-profit organization benefited from a subvention without the stress of repayment.
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Organizational Aid

Subvention often refers to funds aimed at organizations or institutions more than individuals.

Illustration for Organizational Aid
The university's research project proceeded smoothly after receiving a substantial subvention.
Visual representation of the word "Subvention"

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