government subsidy

noun [C or U] FINANCE, ECONOMICS

Definition

› money paid by a government to help an organization or industry reduce its costs, so that it can provide products or services at lower prices: After years of government subsidy, banks will have to learn to adapt to new competition. Big farms that receive large government subsidies would lose some of that money. government subsidy requirement/program

(Definition of government subsidy noun from the Cambridge Business English Dictionary © Cambridge University Press)

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