subsidies

Meanings

• noun

  Financial assistance or incentives given by the government or other organizations to businesses, farmers, or individuals.

  - "The government provides subsidies to farmers to help them afford the cost of fertilizers."
  - "The company received a subsidy from the state to create new jobs in the community."

• noun

  A reduction in the price of a good or service, typically given to encourage demand or to help those who cannot afford it.

  - "The phone company offers subsidies on new smartphones to attract customers."
  - "The government provides subsidies for housing to low-income families."

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Antonyms

tax

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Rhymes

Words rhyming with subsidies
subsidy , residue , oblige you , supplies

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Variants

List of all variants of subsidies that leads to same result
subsidies , subsidy

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Etymology

origin and the way in which meanings have changed throughout history.

Derived from the Latin word 'subsidium', meaning assistance or help.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The first known use of the term 'subsidy' in English was in the 14th century.

2. The largest subsidy program in the world is the US Farm Bill, which provides billions of dollars in subsidies to farmers each year.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Grants: Grants are a type of subsidy that is given without the expectation of repayment, typically to support research, education, or other public benefit initiatives.

2. Tax Credits: Tax credits are a type of subsidy that reduces the amount of taxes owed by individuals or businesses, typically for investments in certain areas or for meeting certain criteria.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Subsidies have been a significant tool in economic development and social welfare. They have been used to support industries, promote research and development, and provide essential services to communities. Subsidies have also been a subject of controversy, with criticisms of their potential to create market distortions and encourage dependency.

How to Memorize "subsidies"

1. visualize
   

   - Imagine a safety net being provided by the government or an organization to help those in need.

2. associate
   

   - Associate the word 'subsidies' with the idea of financial assistance or support.

3. mnemonics
   

   - Use the acronym S-U-B-S-I-D-I-E-S to remember the meaning: Support Under Budget, Subsidies In Demand Increase Economic Stability.

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