Definition, Meaning & Synonyms
subsidy-payment
noun
/ˈsʌb.sɪ.di ˈpeɪ.mənt/
Definition
A financial assistance provided by the government or an organization to support an activity or reduce the cost of a product or service.
Examples
- The government launched a subsidy-payment program to help farmers during the drought.
- Many families rely on subsidy-payments to afford housing in urban areas.
- The subsidy-payment by the local authority made renewable energy more accessible to homeowners.
Meaning
Subsidy payments are intended to help individuals, businesses, or sectors to maintain affordability and stimulate economic activities.
Synonyms
- Financial aid
- Grant
- Support payment
