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Vocabulary Entry

subsidy

|noun • verb
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noun

A financial assistance granted by the government or an organization to support an economic sector or individual.

Example Sentences

"The government provided a subsidy to farmers to help them increase production."

"Many students rely on scholarships and subsidies to afford their education."

"The new energy policy includes a subsidy for electric vehicles to encourage eco-friendly transportation."

verb

To support or assist financially, typically through government funding.

Example Sentences

"The state plans to subsidize public transportation to make it more affordable."

"They aim to subsidize the costs of renewable energy projects."

"The organization will subsidize housing for low-income families."

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