subsidy
Definitions
General English
- noun money given to help pay for something which does not make a profit
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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