Definition, Meaning & Synonyms

state-subsidy

noun

/steɪt ˈsʌb.sɪ.di/

Definition

Financial assistance provided by the government to support a specific sector, industry, or individual.

Examples

The government introduced a state-subsidy for renewable energy projects to encourage investment.
Farmers can apply for a state-subsidy to help offset the costs of agricultural improvements.
Due to the state-subsidy, public transportation fares have remained affordable for residents.

Meaning

A state-subsidy is a form of financial help given by the government to lower the cost of goods and services, promote economic stability, or aid certain activities or sectors.