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