noun · academic
subsidy
UK/ˈsʌbsɪdi/US/ˈsʌbsədi/SUB·si·dy
money given, especially by the government, to help an industry or group
Examples
“The government increased its subsidy for renewable energy to encourage investment.”
“A subsidy scheme was introduced to support smallholder farmers during the drought.”
“Critics argue that subsidies can distort market competition if they are poorly targeted.”
Band 8 sentence
“To mitigate rural poverty, the government expanded its subsidy programme for smallholder farmers, targeting both seed provision and access to credit.”
Collocations
- government subsidy
- receive a subsidy
- subsidy scheme
Word family
Common mistakes
They gave subsidy to farmers.→They gave a subsidy to farmers.
The government subsidize agriculture.→The government subsidizes agriculture.
Say it for a higher band
5grant→6support→7+subsidy
Synonyms
grant
support
Easily confused
subsidize
“The government decided to subsidize renewable energy projects.”
Related words
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In Sublist 6
Learn it with its set