subsidy

Definitions


[ˈsʌbsɪdi], (Noun)

Definitions:
- a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low
(e.g: a farm subsidy)

- a parliamentary grant to the sovereign for state needs


Phrases:

Origin:
late Middle English: from Anglo-Norman French subsidie, from Latin subsidium ‘assistance’




definition by Oxford Dictionaries