subvention

/sʌbˈvɛnʃən/

Definitions

1. noun

financial assistance or support given to a person or organization, especially from a government or public authority.

“The city government provided a subvention to local businesses to help them recover from the pandemic.”

2. verb

to provide financial assistance or support to a person or organization.

“The government will subvention the research project to fund its development.”

Synonyms

  • aid
  • grant
  • subsidy

Antonyms

  • levy
  • taxation