SUBSIDY


Meaning of SUBSIDY in English

■ noun ( plural subsidies )

1》 a sum of money granted from public funds to help an industry or business keep the price of a commodity or service low.

↘a sum of money granted to support an undertaking held to be in the public interest.

↘a grant or contribution of money.

2》 historical a parliamentary grant to the sovereign for state needs.

↘a tax levied on a particular occasion.

Origin

ME: from Anglo-Norman Fr. subsidie , from L. subsidium 'assistance'.

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.