SUBSIDY: meaning and examples
Good morning. I hope you had a nice weekend.
Today's word is: subsidy
Meaning: money that is paid by the government or an organization to reduce the costs of services or of producing goods so that their prices can be kept low.
The government is offering a subsidy to stimulate the purchase of new cars. Their objective is to stimulate the economy.
The European Union provides certain subsidies for language training in companies.
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