💸

subsidy

noun
/ˈsʌb.sɪ.di/

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

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