Subsidy

Webster's Dictionary of the English Language

·noun Support; aid; cooperation; ·esp., extraordinary aid in money rendered to the sovereign or to a friendly power.

II. Subsidy ·noun Specifically: A sum of money paid by one sovereign or nation to another to purchase the cooperation or the neutrality of such sovereign or nation in war.

III. Subsidy ·noun 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.

Related Words

  • subsidy

    A stipulated sum of money paid by one ruler to another, in pursuance of a treaty of alliance for off...

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