public subsidy
nounUK /ˈpʌb.lɪk ˈsʌb.sɪ.di/
US /ˈpʌb.lɪk ˈsʌb.sə.di/
Money that the government gives to help pay for something.
The city used a public subsidy to keep the bus fares low for everyone.
RELATED WORDS
OTHER MEANINGS
2. Financial help given to a business so it can keep prices low or stay open.
The factory received a public subsidy to protect local jobs.
3. Support paid by the government for a service that people need, like health care or farming.
Farmers depend on a public subsidy when crop prices fall.
4. Money from the public purse used to make something cheaper for everyone.
The new train line was built with a public subsidy.