Definition of Subsidy
Subsidy
sub·si·dy
Definition/Meaning
(noun)
Financial assistance or support given to a person, organization, or industry.
e.g. The government provided a subsidy to farmers to help them recover from the drought.
(noun)
a grant or gift of money;
e.g. If you receive a subsidy, you will have to report it in your taxes.
(noun)
monetary assistance provided by the English parliament to the crown;
e.g. The parliament increased the subsidy that would be given to the sovereign every month.
(noun)
a sum of money that is paid by one government or state to another, in accordance to a treaty;
e.g. The subsidy was given to the state in exchange for 20% of the profits earned from the agricultural division as a result of the subsidy.
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