subsidy

Definitions

General English

Accounting

  • noun money given by a government to make something cheaper

Economics

  • noun an amount of money given to help a firm which is not profitable

Health Economics

  • (written as Subsidy)
    A subsidy is a negative tax and, like taxes, raises issues of incidence (who ultimately receives the benefit) and welfare (does overall welfare rise or fall?).

Politics

  • noun money given by a government to an organisation to help it continue to work
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