SUBSIDY
Subsidy
A subsidy is a form of financial or in kind support extended to an economic sector generally with the aim of promoting beneficial economic and social outcomes. Although commonly extended from Government, the term subsidy can relate to any type of support - for example from NGOs or implicit subsidies. Subsidies have a long track record and today come in various forms including: direct, indirect . Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/Production subsidies ensure producers are better off by either supplying market price support, direct ...The above text is a snippet from Wikipedia: Subsidy
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subsidy
Noun
- Financial support or assistance, such as a grant.
- Money granted by parliament to the British Crown.
The above text is a snippet from Wiktionary: subsidy
and as such is available under the Creative Commons Attribution/Share-Alike License.