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Subsidy - Dictionary Definition and Overview |
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Subsidy : (noun)
1: a grant paid by a government to an enterprise that benefits
the public; "a subsidy for research in artificial
intelligence"
Based on WordNet 2.0
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Subsidy : \Sub"si*dy\, n.; pl. Subsidies. [L. subsidium the
troops stationed in reserve in the third line of battlem
reserve, support, help, fr. subsidere to sit down, lie in
wait: cf. F. subside. See Subside.]
1. Support; aid; co["o]peration; esp., extraordinary aid in
money rendered to the sovereign or to a friendly power.
They advised the king to send speedy aids, and with
much alacrity granted a great rate of subsidy.
--Bacon.
Note: Subsidies were taxes, not immediately on on property,
but on persons in respect of their reputed estates,
after the nominal rate of 4s. the pound for lands, and
2s. 8d. for goods. --Blackstone.
2. Specifically: A sum of money paid by one sovereign or
nation to another to purchase the co["o]peration or the
neutrality of such sovereign or nation in war.
3. 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.
Syn: Tribute; grant.
Usage: Subsidy, Tribute. A subsidy is voluntary; a
tribute is exacted.
Based on Webster's Revised Unabridged Dictionary
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SUBSIDY, Eng. law. An aid, tax or tribute granted by parliament to the king
for the urgent occasions of the kingdom, to be levied on every subject of
ability, according to the value of his lands or goods. Jacob's Law. Dict.
h.t.
2. The assistance given in money by one nation to another to enable it
the better to carry on a war, when such nation does not join directly in the
war, is called a subsidy. Vattel, liv. 3, Sec. 82. See Neutrality.
Based on Webster's Revised Unabridged Dictionary (1913)
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Example Usage of Subsidy |
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BIFS: COBRA News Personal Insurance Blog ยป What Will Happen After COBRA Subsidy Ends?: With all the troubles Americans a... http://bit.ly/6LJzim |
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vietnambank: PM decides to continue granting 2-percent interest rate Subsidy for
medium and long-term loans http://bit.ly/4ICR4Y |
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amatinopartner: Round Two Of Employment Subsidy Scheme Opens http://bit.ly/5IgdeQ @amatinopartner |
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