subsidy — a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive
Part of speech: NOUN
Definition: a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive
Pronunciation (IPA): /ˈsʌbsɪdi/
Korean meaning: 정부나 공공기관이 산업이나 기업에 지원하는 보조금
Korean pronunciation: **섭**시디
Example Sentences
- The electric car company received a huge subsidy, but still went bankrupt because nobody wanted a car that needed charging every 50 miles.
- Many countries offer renewable energy subsidies to promote clean technology.
- The theater survived only because of government subsidies - apparently, nobody wants to watch 4-hour interpretive dance about vegetables anymore.
subsidy
NOUN//ˈsʌbsɪdi//
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive
A giant hand delivers a government subsidy coin to help a small business bloom.
The energy subsidy reduced costs and supplied stability during the crisis. (subsidy = SUPPORT + supply → subsidies SUPPORT people or industries by supplying financial assistance)
"A subsidy keeps the economy steady — when prices rise, the government's ready."
🎤Pronunciation
🌳Etymology
Origin
From Latin 'subsidium' meaning 'support' or 'assistance,' derived from 'subsidere' (to sit under, to support). The word entered English in the 14th century through Old French, originally referring to military reinforcements or support.
🎵Rhyme
🔗Collocations
📝Examples
“The electric car company received a huge subsidy, but still went bankrupt because nobody wanted a car that needed charging every 50 miles.”
“Many countries offer renewable energy subsidies to promote clean technology.”
“The theater survived only because of government subsidies - apparently, nobody wants to watch 4-hour interpretive dance about vegetables anymore.”
“The removal of food subsidies led to protests across the country.”
📚Related Words
Synonyms
Antonyms
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