What does it mean to Subsidise something?

What does it mean to Subsidise something?

Definition of subsidize transitive verb. : to furnish with a subsidy: such as. a : to purchase the assistance of by payment of a subsidy. b : to aid or promote (someone or something, such as a private enterprise) with public money subsidize soybean farmers subsidize public transportation.

How do you use the word subsidize?

Subsidize in a Sentence 🔉

  1. The mayor used city funds to subsidize his personal projects and was eventually charged with theft.
  2. A grant was given to the single mother to subsidize the part of her rent that she was unable to afford.

What does it mean to subsidize a good?

A subsidy is a benefit given to an individual, business, or institution, usually by the government.

What is the synonym of subsidize?

aid, assistance, block grant, grant-in-aid, set-aside.

What is an example of subsidize?

Examples of Subsidies. Subsidies are a payment from government to private entities, usually to ensure firms stay in business and protect jobs. Examples include agriculture, electric cars, green energy, oil and gas, green energy, transport, and welfare payments.

Is it subsidize or Subsidise?

Subsidize is sometimes spelled subsidise (especially in British English). Example: The government is subsidizing my company to help expedite the manufacturing of healthcare products.

Why do governments subsidize?

Governments seek to implement subsidies to encourage production and consumption in specific industries. When government subsidies are implemented to the supplier, an industry is able to allow its producers to produce more goods and services.

What’s the opposite of subsidize?

What is the opposite of subsidize?

repudiate annul
countermand disaffirm
disclaim ignore
renege renounce
repeal retract

What is the noun form of subsidize?

subsidy. Financial support or assistance, such as a grant. (dated) Money granted by parliament to the British Crown.

How do you use subsidize in a sentence?

Subsidy beneficiaries are prohibited from reselling the subsidised No 12 of Law No 5 of 2017 on regulations for dealing in subsidised goods. No person may use any of the subsidised goods or part of them in the production of another item, except with

What does subsidize mean?

Subsidize verb. to furnish with a subsidy; to purchase the assistance of by the payment of a subsidy; to aid or promote, as a private enterprise, with public money; as, to subsidize a steamship line. Etymology: [From Subsidy.]

What does it mean to be subsidized?

Subsidies. Subsidies are defined as a form of support given to producers of a product that helps to reduce the cost of production. This has the intended effect of increasing the production and consumption of that product. Goods that governments want to increase the use of are subsidized; these include important services and institutions like

What does subsidise mean?

a grant from the government, from a municipal corporation, or the like, to a private person or company to assist the establishment or support of an enterprise deemed advantageous to the public; a subvention; as, a subsidy to the owners of a line of ocean steamships