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- A subsidy is a grant or gift of money12 by the government or a firm3 to support a business activity or person13 that benefits the public14 or promotes a social good or an economic policy4. Subsidies can be direct (cash grants, interest free loans, etc.) or indirect (depreciation write-offs, rent rebates, tax breaks, etc.)34 and can be used for a variety of purposes, such as increasing affordable goods and services, controlling inflation, moderating supply and demand, or supporting specific industries5.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.subsidy - a grant paid by a government to an enterprise that benefits the public; "a subsidy for research in artificial intelligence" grant - any monetary aid subvention - grant of financial aid as from a government to an educational institutionwww.thefreedictionary.com/subsidiesDefinition of subsidy : a grant or gift of money: such as a : a sum of money formerly granted by the British Parliament to the crown and raised by special taxationwww.merriam-webster.com/dictionary/subsidysubsidy the provision of finance and other resources by the government or a firm to support a business activity or person. Subsidies can be direct (cash grants, interest free LOANS etc.) or indirect (DEPRECIATION write-offs, RENT rebates) and can be used for a variety of purposes.financial-dictionary.thefreedictionary.com/subsidiesA subsidy is a benefit given to an individual, business, or institution, usually by the government. It can be direct (such as cash payments) or indirect (such as tax breaks). The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to ...www.investopedia.com/terms/s/subsidy.aspSubsidies are a form of government aid given to businesses that help improve the economy by increasing affordable goods and services. Types of subsidies include production subsidies, export and import subsidies, employment subsidies, tax subsidies and industry-specific subsidies. Some advantages of subsidies include ...www.indeed.com/career-advice/career-developme…
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- nounsubsidies (plural noun)
- a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive:"a farm subsidy" · "the rail service now operates without subsidy"
- a sum of money granted to support an arts organization or other undertaking held to be in the public interest:"she was anxious about her Arts Council subsidy" · "the arts continued to thrive through public subsidy"
- a grant or contribution of money:"the position is generously rewarded and benefits include a mortgage subsidy" · "the country's economy is near to collapse after the end of Soviet subsidies"
- historicala parliamentary grant to the sovereign for state needs.
- a tax levied on a particular occasion.
Originlate Middle English: from Anglo-Norman French subsidie, from Latin subsidium ‘assistance’. Subsidies: Definition, How They Work, Pros and Cons
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