Subsidy
Pronunciation: /ˈsʌbsɪdiː/
Subsidy (noun)
- Money paid by a government to support a person, business, or activity, especially when costs are too high.
- Financial support that reduces the effective cost of producing or buying something, to influence choices or outcomes.
Examples
- The government money help reduced the price for families.
- The subsidy helped small businesses survive the slow season.