Another Word For Subsidy

Meaning

A subsidy is a form of financial aid or support provided by the government or other organizations to help individuals, businesses, or industries. It aims to promote economic growth, stabilize prices, or support essential services by reducing the costs of certain goods or services. Subsidies can take many forms, such as direct cash payments, tax breaks, or grants.

Synonyms

• Grant
• Aid
• Assistance
• Support
• Funding
• Contribution

Antonyms

• Tax
• Charge
• Fee
• Penalty
• Cost

Etymology

The word subsidy comes from the Latin word subsidium, which means "support" or "assistance." It passed into Middle English through Old French, retaining its core meaning related to financial support.

Examples

1. The government provided a subsidy to farmers to help cover the costs of seeds and fertilizers, ensuring a stable food supply.
2. Many countries offer a subsidy for renewable energy projects to encourage investment in sustainable energy sources.
3. The education sector received a large subsidy to make higher education more affordable for low-income students.
4. The film industry often benefits from state-level subsidies that promote local filming and production.
5. There is a growing debate about whether petrol subsidies should be eliminated to address climate change concerns.