Definition, Meaning & Synonyms
monetary aid
noun
/ˈmʌnɪtəri eɪd/
Definition
Financial assistance provided to support economic stability, development, or emergencies.
Examples
- Governments often provide monetary aid to disaster-stricken areas to help with recovery.
- Non-profit organizations frequently rely on monetary aid to fund their initiatives.
- Following the economic downturn, monetary aid from international agencies was crucial for the nation’s recovery.
Meaning
Monetary aid refers to money given to individuals, organizations, or countries to help them in times of financial need or to promote economic growth.
Synonyms
- financial assistance
- economic support
- fiscal aid
- subsidy
- grant
