subsidy
nounUK /ˈsʌbsədi/
US /ˈsʌbsədi/
Money that a government gives to help pay for something.
The government gives a subsidy to farmers so they can grow more food.
RELATED WORDS
OTHER MEANINGS
2. A sum of money paid by one government to another to help it buy goods or services.
The two countries agreed on a trade subsidy for grain.
3. Financial help given by an organization to reduce the cost of a service.
The charity offers a subsidy to families who cannot afford childcare.
4. Historical: a tax granted by a parliament to a monarch for public needs.
In the past, Parliament voted a subsidy to the king for defense.