Meaning of “subsidized price” in the English Dictionary


"subsidized price" in Business English

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subsidized pricenoun [ C ]

UK also subsidised price uk us ECONOMICS

a price for a product that is reduced because the government has paid part of the cost of producing it:

Officials told farmers what to grow, bought their crops, and sold them at subsidized prices.

(Definition of “subsidized price” from the Cambridge Business English Dictionary © Cambridge University Press)