subsidy

Meaning

Financial assistance provided by government to reduce costs of goods or services.

A sum of money granted by the government or a public body to help support an industry or reduce the cost of goods or services.

Example Sentences

The government provides a fuel subsidy to control prices.

The government provided a subsidy to farmers to support crop production.

Synonyms

Grant, Financial Aid, Support, grant, allowance, financial aid, support, assistance

Entry 1

Grant, Financial Aid, Support

Entry 2

grant, allowance, financial aid, support, assistance

Antonyms

Taxation, Cost Increase, Cutback, tax, penalty, surcharge

Entry 1

Taxation, Cost Increase, Cutback

Entry 2

tax, penalty, surcharge

Collocations

government subsidy, agricultural subsidy, fuel subsidy, receive subsidy