MORE ABOUT SUBSIDY
What does subsidy mean?
A
subsidy is a direct payment made by a government to a company or other organization as a form of assistance.
To grant
subsidies is to
subsidize, and the process of doing so is
subsidization. Governments that grant
subsidies often provide them for particular industries, such as farming. The word is most commonly used to refer to such payments.
More generally,
subsidy can refer to any grant or monetary contribution. More specifically, it can refer to a payment made by one government to another for a particular service, often according to a treaty.
Example:
My company received a government subsidy to help expedite the manufacturing of healthcare products.