noun
- money given by a government or organization to help reduce the cost of producing goods or providing services
Examples
- The government provides subsidies to farmers to keep food prices affordable.
- Many airlines receive subsidies from their national governments.
- The solar energy industry has grown rapidly thanks to federal subsidies.
- Without housing subsidies, many low-income families couldn’t afford rent.
- The company applied for a subsidy to help cover research and development costs.
- Agricultural subsidies help stabilize crop prices during difficult seasons.