Outrageously Funny Word Dictionary :: Subsidy

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What is the definition of subsidy? 🙋

👉 Subsidy is a financial support or benefit provided by a government, corporation, or other entity to individuals or organizations for specific purposes. It can be in the form of tax credits, grants, loans, or other forms of aid that help alleviate some level of economic hardship. The purpose of subsidies is typically to encourage private investment and entrepreneurship, reduce government spending on public goods, and support local economies. They are often provided as a temporary measure during periods of economic downturn or when there is a need


subsidy

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