subsidy

/ˈsʌbsɪdi/ or /ˈsʌbɪdi/

Definitions

1. noun

a sum of money given by the government or other organization to help pay for something, especially a business or activity

“The company received a large subsidy to help it set up its new factory.”

2. noun

a payment or benefit that is given to someone, especially a person or business, to help them with a particular problem or need

“The government offered a subsidy to farmers who were struggling to grow crops due to the drought.”

3. verb

to give financial help or support to someone or something

“The company was subsidized by the government to help it get started.”

Synonyms

  • aid
  • assistance
  • grant

Antonyms

  • fine
  • penalty
  • tax