Definition, Meaning & Synonyms

subsidio

Noun
sub-si-dee-o
Definition
A financial aid or support provided by the government or another entity to help individuals or organizations with their expenses.
Examples
  • The government provided a subsidio to farmers to help them cope with the drought.
  • Many students rely on a subsidio to afford their college tuition.
  • The city council approved a subsidio for low-income housing renovations.
Meaning
Subsidio refers to a form of financial assistance meant to reduce the cost of certain goods, services, or initiatives, making them more accessible to people or organizations.
Synonyms
  • Grant
  • Support
  • Financial aid
  • Aid
  • Assistance