English / word
subsidy
noun B2MEANING IN ENGLISH
a sum of money granted by the government or a public body to assist an industry or business to keep prices low; 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.
In context
01
The government introduced an agricultural subsidy on organic fertilizers.
02
The government provides a fuel subsidy to control prices.
Synonyms
grant,allowance,support
Antonyms
tax,penalty,taxation
Collocations
government subsidy,agricultural subsidy,fuel subsidy