1. financial assistance or subsidies provided by a government or organization
Usage: formal; often used in governmental or institutional contexts

Examples

• The university received substantial subventions from the state government.
• Agricultural subventions helped farmers during the drought.
• The arts council distributed subventions to local theater groups.
• Without government subventions, the public transportation system would collapse.
• The company applied for subventions to support its research program.
• Municipal subventions kept the community center operating.