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subsidy

Pronunciation: /ˈsʌbsɪdi/
Translate subsidy | into French | into German | into Italian | into Spanish
Definition of subsidy

noun (plural subsidies)

  • 1a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low:a farm subsidy [mass noun]:the rail service now operates without subsidy
  • a sum of money granted to support an undertaking held to be in the public interest: she was anxious about her Arts Council subsidy [mass noun]:the arts continued to thrive through public subsidy
  • a grant or contribution of money: the position is generously rewarded and benefits include a mortgage subsidy the country’s economy is near to collapse after the end of Soviet subsidies
  • 2 historical a parliamentary grant to the sovereign for state needs.
  • a tax levied on a particular occasion.

Origin:

late Middle English: from Anglo-Norman French subsidie, from Latin subsidium 'assistance'

subsidy in other Oxford dictionaries

Definition of subsidy in the US English dictionary
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