Definition, Meaning & Synonyms
subvention
noun
/səbˈvɛnʃən/
Definition
A grant or financial assistance provided to support a specific project or initiative, typically given by a government or organization.
Examples
- The university received a subvention from the government to improve its research facilities.
- The local theater benefited from a subvention to support its community outreach programs.
- Many non-profit organizations rely on subventions for their various projects.
Meaning
The term refers to funds or resources allocated to help deliver or sustain something, often related to public services or education.
Synonyms
- grant
- financial aid
- subsidy
